Credit metrics may still support Bangladesh’s ratings if situation stabilises soon, it says

S&P Global has downgraded Bangladesh’s long-term sovereign rating from BB- to B+ amid deadly protests over the quota-based hiring system for government jobs.

S&P Global has downgraded Bangladesh’s rating amid persistent pressure on the country’s external accounts and deadly protests.

S&P Global Ratings on Tuesday lowered Bangladesh's long-term rating outlook to negative from stable, citing risks the country's external liquidity position could deteriorate in the next year while foreign exchange reserves remain under pressure