Moody's - APAC sovereign outlook for 2018 stable

Omkar Godbole FXStreet Contributor

Moody's Investors Service says, " that a favorable growth environment underpins its stable outlook for sovereign creditworthiness in Asia Pacific (APAC) over the next 12 to 18 months", but mentions high leverage as a key credit constraint.

Moody's expects APAC emerging markets to grow by 6.5% in 2018, frontier economies by 5.9% and advanced economies by 1.8%.

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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