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Fitch Ratings, an American credit rating agency, has decided to maintain South Korea’s credit rating at “AA-,” with a “stable outlook.” Fitch said South Korea “balances robust external finances, steady macroeconomic performance and a record of sound fiscal management against evolving geopolitical risks related to North Korea and medium-term structural challenges from aging demographics and low productivity.” The agency warned, however, that rising national debt could lower its credit rating in the medium term. (Hankyoreh archives)