A3 rating of Malaysia reflects strong financial situation


  • Business
  • Saturday, 30 Apr 2005

WASHINGTON: Malaysia's A3 rating and stable outlook reflect the country's strong external financial position, Moody's Investors Service said in its annual country report on Thursday. 

“The current account recorded large surpluses for the past five years, and we expect the trend to continue this year, though with a smaller surplus,” Moody's vice-president Steven A. Hess, lead analyst for Malaysia, said from New York. 

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