Historydraft LogoHistorydraft Logo
Historydraft
beta
Historydraft Logo
Historydraft
beta

1997 Asian financial crisis

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

Thursday Dec 11, 1997
South Korea

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.


<