23 Nov 2013

Credit rating agency Moody’s latest report says Asian credit is stable despite strengthening headwinds like a possible Fed taper anytime soon. Speaking to CNBC-TV18, Michael William Taylor, MD - Credit Policy Group, Moody's says the long-term credit outlook looks stable for Asian countries including those with high current account deficit like India and Indonesia. According to him, the actions taken by the Reserve Bank of India will tame inflation and support rupee going ahead.                                               www.profitmax.in

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