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1997 Asian financial crisis - Moody's lowered the credit rating of South Korea from A1 to B2

Time: Thursday Dec 11, 1997

Place: South Korea

Details: In the wake of the Asian market downturn, Moody's lowered the credit rating of South Korea from A1 to A3, on 28 November 1997, and downgraded again to B2 on 11 December.

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On This Day - 11 December

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11 December 1997

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1997

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Aug, 1997 - Hong Kong
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Thursday Aug 14, 1997 - Indonesia
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Sunday Aug 24, 1997 - Los Angeles, California, United States
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