Fitch affirms Malaysia rating at A-minus with stable outlook

PETALING JAYA: Fitch Ratings has affirmed Malaysia’s long-term foreign-currency issuer default rating at ‘A-’ with a stable outlook.

The international rating agency said the country’s ratings balanced strong and broad-based medium-term growth with a diversified export base, against high public debt and some lagging structural factors, such as weak governance indicators relative to peers.