Foreign tourists are seen through a tuk-tuk’s windshield along Khao San Road in Bangkok. (AFP photo)
Fitch Ratings has affirmed Thailand’s credit rating at “BBB+” with a stable outlook, which is acceptable to the government, says government spokesman Thanakorn Wangboonkongchana.
Fitch affirmed Thailand’s long-term foreign-currency issuer default rating at “BBB+” with a stable outlook, according to a release on June 21.
Thailand’s ratings are underpinned by the country’s sustained external financial strength and strong macroeconomic policy framework, said Fitch.
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