25 Sep 2014
Standard & Poor's keeps Japan's rating at 'AA-/A-1+', with a negative outlook
FXStreet (Łódź) - Standard & Poor's Ratings Services announced it's decicion on Thursday to maintain Japan's short-term foreign and local currency sovereign credit ratings at 'AA-' long- and 'A-1+', respectively with the outlook remaining negative.
"Our ratings on Japan balance the country's strong external position, its prosperous and diversified economy, political stability, and its stable
financial system against a very weak fiscal position that the country's aging population and persistent deflation exacerbate," Standard & Poor's said in the official statement.
"Our ratings on Japan balance the country's strong external position, its prosperous and diversified economy, political stability, and its stable
financial system against a very weak fiscal position that the country's aging population and persistent deflation exacerbate," Standard & Poor's said in the official statement.