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Moody’s downgrades Bangladesh’s outlook to “negative”

DHAKA, Nov. 19 (Xinhua) — Moody’s Ratings (Moody’s) has downgraded Bangladesh’s long-term ratings to B2 from B1 and said the outlook has been changed to “negative” from “stable”. It disclosed the ratings in a statement Monday following a review.

The downgrade reflects heightened political risks and lower growth, which increases government liquidity risks, external vulnerabilities and banking sector risks, follo