Fitch restores Thailand’s stable outlook as debt trajectory improves

Fitch Ratings has revised Thailand’s sovereign outlook to Stable from Negative, while affirming the country’s BBB+ long-term foreign- and local-currency ratings. The move, announced on September 19, means Thailand now has a Stable outlook from all three major international rating agencies, following Moody’s revision in April and S&P Global’s existing Stable assessment. Key points Fitch’s […]