JAKARTA. The international rating agency S&P Global Ratings has signaled an increase in Indonesian debt rating to investment grade. "It's possible that we might raise the rating to a higher level. We are still studying that possibility," said Kyran Curry, the Director of Sovereign and International Public Finance Ratings of S&P Global Ratings. Curry made the statement after a meeting here on Wednesday between an S&P delegation and Coordinating Minister fort Economy Darmin Nasution.
S&P gives positive signal on Indonesian rating
JAKARTA. The international rating agency S&P Global Ratings has signaled an increase in Indonesian debt rating to investment grade. "It's possible that we might raise the rating to a higher level. We are still studying that possibility," said Kyran Curry, the Director of Sovereign and International Public Finance Ratings of S&P Global Ratings. Curry made the statement after a meeting here on Wednesday between an S&P delegation and Coordinating Minister fort Economy Darmin Nasution.