Moody’s: Some PH firms facing credit quality risks

A STRONGER dollar has increased foreign-exchange risks for some rated Philippine companies, Moody’s said, but the overall credit quality of major corporates remains resilient due to strong financial buffers and hedging strategies. “US dollar strength will weigh on the credit quality for a subset of rated companies with structural currency mismatches, but overall credit strength across South and Southeast Asia will remain stable over the next 12–18 months,” Moody’s R