Moody's Investors: Thailand can survive political crisis
March 06, 2014 00:00
Thailand's credit fundamentals are strong enough to withstand political crisis, according to Moody's Investors Service.
It said that while it sees a negative impact on growth, at this point in time Thailand's sovereign credit profile remains consistent with its Baa1 rating level and stable outlook.
Moody's expects the political situation to stabilize by the second half of 2014, and assumes that elections for a new government will be completed and a government formed, likely by July as the political schedule is currently unfolding.