DelhiDesk International agencies such as Standard & Poor’s, Fitch, and Moody’s determine sovereign ratings based on a country’s ability to repay its debt. These ratings take into account factors such as the economy, market, and political risks. Sovereign ratings provide insight into a country’s ability to repay its liabilities in the future.
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👉 International agencies fix ‘sovereign ratings’ based on government ability to repay debt
👉 Economy, market, and political risk considered in determining ratings
👉 Rating indicates if a country can repay liabilities in the future
👉 Standard & Poor’s, Fitch, and Moody’s typically decide sovereign ratings globally
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