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Thailand Foreign And Local Long-Term Currency Ratings Affirmed; Outlook Stable, Off Watch
SINGAPORE, Oct. 31, 2006 - Standard & Poor's Ratings Services today
affirmed its 'BBB+/A-2' foreign currency and 'A/A-1' local currency
sovereign credit ratings on the Kingdom of Thailand (Thailand) and
removed them from CreditWatch. The outlook is stable. The ratings were
originally placed on CreditWatch with negative implications on Sept. 19,
2006, following a military coup in the country.
"The affirmation of the credit ratings on Thailand reflects Standard &
Poor's view that......
