Indonesia regains investment grade from second agency

Indonesia has won a second credit rating upgrade in as many months, as Moody's ratings agency restored its debt to investment grade.

Moody's raised the rating to Ba1 from Baa3 with a stable outlook.

It comes after Fitch ratings agency made a decision in December to return Indonesia to the level it lost after the Asian financial crisis.

The stamps of approval are likely to bring much foreign investment into South east Asia's biggest economy.

full: http://www.bbc.co.uk/news/business-16624612