Moody's puts Indonesia on upgrade review due to economic 'resilience'
JAKARTA -- Ratings agency Moody's said Wednesday it is putting Indonesia on review for a possible credit rating upgrade thanks to its economic “resilience” and improved management of the national finances.
In a statement from Singapore, the agency said it was reviewing the government's Ba2 foreign and local-currency bond ratings after placing them on a positive outlook in June.
In a statement from Singapore, the agency said it was reviewing the government's Ba2 foreign and local-currency bond ratings after placing them on a positive outlook in June.