Fitch Downgrades Malaysia
Thomas Rookmaaker, Director of Sovereign Ratings, Fitch Ratings
07-Dec-20 08:47
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At the end of last week, Fitch Ratings downgraded Malaysia’s sovereign rating from ‘A-’ to ‘BBB+’, with an improved outlook from negative to stable. Thomas Rookmaaker, Director of Sovereign Ratings at Fitch Ratings, gives us the details on the reasons for the downgrade and what would be required for the country to regain its A- rating.
Image Credit: Willy Barton / Shutterstock.com
Produced by: Roshan Kanesan
Presented by: Khoo Hsu Chuang, Wong Shou Ning
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Categories: Business Analysis, Trends and Forecasts, Markets, Politics, Social Issues, Personal Finance, Investments, Financial Literacy, law & legal matters, SME
Tags: fitch, sovereign rating, downgrade, malaysia, a-, bbb+,