Moody’s has decided to keep Hungary’s sovereign rating at Baa3 with a stable outlook. The ratings agency conducted its last review in May. There are no additional reviews scheduled for this year. The last upgrade was in November 2016, when Hungary’s rating was changed from Ba1 to Baa3. S&P and Fitch, meanwhile, upgraded Hungary’s rating to BBB with a stable outlook at the beginning of 2019.
