Fitch keeps Thai credit rating BBB+
Growth outlook set at 3.2% in 2022
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.
The ratings reflect weaker structural features…