SINGAPORE: The United Kingdom’s vote to exit the European Union (EU) or Brexit has no immediate direct ratings impact on Asia-Pacific (APac) sovereigns or banks, says Fitch Ratings.
In a statement yesterday, Fitch Ratings said the spike in political uncertainty in the UK – and resulting effects on investor risk appetite – could pose the greatest challenges for Asia in the short term.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!