Fitch maintains S. Korea's rating at 'AA-' with stable outlook

▲ Fitch Ratings (Yonhap)

Fitch-S Korea rating

Fitch maintains S. Korea's rating at 'AA-' with stable outlook

By Kim Han-joo

SEOUL, Feb. 6 (Yonhap) -- Global credit appraiser Fitch Ratings said Thursday it has reaffirmed South Korea's sovereign rating at "AA-" with a stable outlook.

It is the fourth-highest level on the agency's sovereign ratings table, and Fitch has maintained AA- for South Korea since September 2012, when it upgraded the rating by one notch from A+.

The latest decision comes despite concerns over political unrest following President Yoon Suk Yeol's imposition of martial law, albeit short-lived, on Dec. 3 and his subsequent impeachment.

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