by Ahsan Habib in The Daily Star, Jun 9, 2023Corporate and foreign investors may further lose interest in the stock market of Bangladesh as the country has dropped a notch in the Moody’s Investors Service rating system. As the domestic stock market already lacks investment from corporate and foreign investors, this downgrade will further add to its woes, according to market analysts. Whenever a country slips in Moody’s rating system, then the stock market of…
Posts tagged as “Moody”
By Swati Bhat and Uditha Jayasinghe in Reuters, Mar 22, 2023MUMBAI, March 21 (Reuters) – Sri Lanka has a difficult road ahead irrespective of how much funding it receives from multilateral and global financial agencies, a senior economist at Moody’s Analytics told Reuters on Tuesday. Moody’s Analytics is independent of Moody’s Investors Service, the rating agency. The International Monetary Fund (IMF) approved a nearly $3 billion bailout for Sri Lanka on Monday and the country’s…