Maybank Kim Eng said FTSE Russell could still keep Malaysia on the watch list if it required more time to assess the bond and FX liquidity enhancement measures that have been implemented by Bank Negara.
KUALA LUMPUR: Maybank Kim Eng expects a major decision in September with regards to FTSE Russell’s stance on Malaysia.
In a note, Maybank Kim Eng said it has been about 15 months since FTSE Russell added Malaysia to its watch list in April 2019 and subsequently, while at the interim review in March 2020, FTSE Russell retained Malaysia on the watch list for a potential downgrade in “market accessibility level”.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
