Business Blog: S&P lowers Bangladesh's outlook to negative from stable

Monday, July 24, 2023

S&P lowers Bangladesh's outlook to negative from stable

"We may lower the ratings on Bangladesh if net external debt or liquidity metrics worsen further, such that narrow net external debt surpasses 100% of current account receipts, or gross external financing needs exceed 100% of current account receipts plus usable reserves," S&P said, affirming the country's sovereign credit rating at BB-.

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