KM Financial Solutions | Moody’s downgrades South Africa sovereign rating to “junk”
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Moody’s downgrades South Africa sovereign rating to “junk”

Moody’s downgrades South Africa sovereign rating to “junk”

Ratings agency Moody’s
downgraded South Africa’s sovereign credit rating to “junk”
status on Friday, moving the rating down to ‘Ba1’ from ‘Baa3’
and maintaining a negative outlook.

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