(Reuters) - TOKYO, April 23 - Japan, one of the most indebted of the industrialised countries, had its sovereign credit rating raised one notch by Standard & Poor's on Monday to the third-highest ranking of AA, due to improving fiscal conditions.
The yen edged higher after the ratings agency raised Japan's foreign and local currency long-term sovereign ratings to AA from AA-minus, bringing the country's ratings on par with those of Andorra, Bermuda, Hong Kong and Slovenia.
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