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S&P affirms S. Korea's sovereign rating at 'AA'

Summary by North Korea Times
SEOUL, April 15 (Xinhua) -- Global credit rating company S&P on Tuesday affirmed South Korea's sovereign rating at 'AA' with a stable outlook. S&P said in a statement that the deterioration in international trading conditions will drag on the Asian economy's growth, but it noted that strong global competitiveness of the country's key exporters will keep it strong. The rating company expected the c

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North Korea Times broke the news in on Tuesday, April 15, 2025.
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