Sunday, November 30, 2025 | 07:32 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

No immediate trigger for rating action in India: Fitch

Image

Reuters MUMBAI

Don't want to miss the best from Business Standard?

MUMBAI (Reuters) - The pressure on Indian and Indonesian currencies and asset prices is not a trigger for rating action at this point, Fitch ratings said in note on Thursday.

"The ratings already incorporate both a recognition of vulnerabilities and some tolerance for volatility in market conditions," Fitch said in a note.

Fitch has a stable outlook on the 'BBB-' sovereign credit ratings it has for both India and Indonesia.

(Reporting by Shamik Paul; Editing by Richard Borsuk)

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 22 2013 | 4:01 PM IST

Explore News