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Moody’s Investors Upgrades Indonesia’s Sovereign Rating to Baa3

January 24, 2012, 7:45 PM EST

By Berni Moestafa

Jan. 18 (Bloomberg) -- Moody’s Investors Service upgraded today Indonesia’s sovereign foreign and local currency bond ratings to Baa3 from Ba1 with a stable outlook, the rating company said in an e-mailed statement today.

Link to Statement:{NSN LXZGNK3PWT1E <GO>}

To contact the editor responsible for this story: Berni Moestafa at bmoestafa@bloomberg.net

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