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International credit ratings agencies will leave South Korea's sovereign credit ratings unchanged, despite North Korea's announcement last week that it possesses nuclear weapons.
The Asian Wall Street Journal quoted vice president of Moody's Investors Service Thomas Byrne as saying last week's development was "disturbing," but did not cross what he called a red line that would lead to a lowering of South Korea's A3 rating.
Another ratings agency, Standard & Poor's also said it will stick to its current rating for South Korea, saying it believes that there is still room for a diplomatic resolution to the North Korean nuclear standoff.
Arirang TV
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