India 360: What is the impact of sovereign rating on India? How is sovereign rating decided?
Zee Business Video Team | Updated: June 17, 2023 12:17 AM IST
Sovereign Rating: International agencies decide the sovereign rating on the basis of the ability of the governments of different countries to repay the debt. For this, it considers economy, market and political risk as the basis. Rating tells whether a country will be able to repay its liabilities in the future or not. These ratings range from top investment grade to junk grade.
