UPDATE 1-Fitch cuts India’s sovereign rating outlook to ‘negative’
17 Jun UPDATE 1-Fitch cuts India’s sovereign rating outlook to ‘negative’
Posted at 06:04h
in
News
by KMFSLLP
Fitch cut its outlook
on India’s sovereign rating to “negative” from “stable” on
Thursday and forecast a 5% contraction in growth for the current
fiscal year, saying the coronavirus outbreak was extracting a
heavy toll on the economy.
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