Why do rating agencies assign a different rating to the, Microeconomics

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Why do rating agencies assign a different rating to the

Qusetion: a. Why do rating agencies assign a different rating to the debt of a sovereign entity based on whether the debt is denominated in a local currency or a foreign currency?

b. What are the two general categories of risk analyzed by rating agencies in assigning a sovereign rating?

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Microeconomics: Why do rating agencies assign a different rating to the

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Microeconomics: Why do rating agencies assign a different rating to the

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