US Debt: What Does The Loss Of Triple A Rating Mean
NDTV
The AAA or "triple-A" rating is the highest rating that an agency gives to a country, locality or company concerning its ability to repay its debts.
Fitch has downgraded its credit rating for the United States, becoming the second of the top-three ratings agencies to strip the country of a top AAA rating. The impact upon the world's top economy is likely to be just symbolic, at least immediately.
What is a AAA credit rating ?
The AAA or "triple-A" rating is the highest rating that an agency gives to a country, locality or company concerning its ability to repay its debts.
More Related News