KL market sentiment gets a lift from Moody’s


  • Business
  • Saturday, 07 Feb 2004

MOODY'S Investors Service has raised the outlook for Malaysia's Baa1 foreign currency country ceilings to positive from stable in light of the country's strengthening external financial position. 

The international rating agency also has upgraded the outlook for the Baa1 rating on the government's foreign currency bonds to positive, while maintaining the stable outlook for the A3 domestic currency bond rating. 

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