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View Full Version : India Ratings Face Pressure on Widening Deficit, Moody's Says - Bloomberg



NewsWhore
05-28-2009, 01:30 AM
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India Ratings Face Pressure on Widening Deficit, Moody&#39;s Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601091%26sid%3Da51RAoFca08s%26refer%3Dindia&cid=0&ei=5CMeSqTlCcSPmAf7-rSBDg&usg=AFQjCNG48InWW1fbOWmwTkQg0g9ucpnYhA)
Bloomberg
“Inability of the newly re- elected government to meaningfully adjust fiscal policies and push ahead with reforms could pressurize the foreign currency credit rating.” Moody&#39;s Baa2 rating on India&#39;s long-term foreign debt is the second-lowest ...


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