Friday, October 18, 2013

Credit Rating

Global credit rating agency was in steep decline the bucks to mudij economy of the current challenges. the Agency says the decline from India may have an effect on the rating.

Asti's Investor Service Analyst Seth mudij said of recent decline represents the challenges of economy. will have an impact on the country's credit profile. While it will not affect India's debt payment capacity.

Against the dollar, touching the level of price of 59.93. Seth said the current account deficit and weak capital investment higher than Fed Reserve Chairman Ben bunker's recent announcement is the leading cause of drop in RS.

India's rating in January by mudij BBA remain in the 2012-13 fiscal year. the current account deficit is projected to be five phisad.