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  • South Korea
    Thursday Dec 11, 1997

    1997 Asian financial crisis

    Moody's lowered the credit rating of South Korea from A1 to B2

    South Korea
    Thursday Dec 11, 1997

    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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