Positive rating by Fitch a relief


THE Fitch rating that affirmed Malaysia’s Long-Term foreign currency Issuer Default Rating (IDR) at “A-” and local currency IDR at “A” is a relief indeed and quite gratifying.

The Government, Treasury, Economic Planning UNit (EPU), and Bank Negara must feel considerable joy and some sense of achievement in managing to persuade Fitch to give the positive grading.

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Opinion , Letters , Fitch Ratings , Malaysia

   

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