Fitch revises Japan’s outlook to stable

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Japanese national flags flutter in front of buildings at Tokyo's business district

– Rating agency Fitch on Friday revised its outlook on Japan’s long-term foreign-currency issuer default rating to stable from negative on Friday, citing confidence in the stabilisation of the country’s government debt ratio over the medium term.

Fitch affirmed Japan’s rating at ‘A’.

(Reporting by Juby Babu in Bengaluru; Editing by Amy Caren Daniel)