Indonesian Political, Business & Finance News

RI's ratings maintained

| Source: REUTERS

RI's ratings maintained

NEW YORK (Reuters): Moody's Investors Service is maintaining
its current ratings and outlook on Korea and Indonesia, said
Vincent Truglia, managing director of sovereign ratings.

Moody's changed Korea's long-term foreign currency credit
outlook rating to negative but kept the rating at A1 in August.
Korea's short-term rating for debt and bank deposits was lowered
to P-2 from P-1 at that time, he said.

On Indonesia, the agency changed the outlook for the country's
long-term foreign currency debt to negative on Oct. 27 but
maintained a Baa3 rating.

Indonesia's short-term debt is not rated, Truglia said.

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