Bangladesh, Sept. 15 -- Credit ratings agency Moody's has upgraded Bangladesh's sovereign outlook from negative to stable, pointing to reduced political and external pressures, improved foreign exchange reserves, and record-high remittance inflows.

Advertisement "The change in outlook to stable from negative reflects our assessment that the acute political and external pressures that drove the negative outlook have eased, leaving risks more balanced at the B2 rating level, even as material structural vulnerabilities persist," Moody's said.

The agency, in its latest report released today (Tuesday), said the post-election transition and the government's strong mandate have lowered the risk that political uncertainty could disrupt the ref...