Moody’s downgrade doesn’t reflect economic progress since July upsurge: Cenbank
The international credit rating agency Moody’s on 19 November lowered Bangladesh’s sovereign rating from B1 to B2 and maintained its short-term issuer rating as Not Prime, while also shifting the outlook to negative. Bangladesh Bank has discounted the Moody’s recent downgrade of Bangladesh’s sovereign credit rating, arguing it does not accurately reflect the significant political […]
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