All eyes on Malaysia's debt rating review
If Fitch Ratings downgrades the country's debt, the impact could cut deep
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Anita Gabriel
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Singapore
AS the rout in the Malaysian ringgit unfolds, triggered by a blend of external and internal factors, there is one swiftly approaching timeline that is keeping the market on tenterhooks.
Before the end of this month, Fitch Ratings, one of the big three rating agencies, will update its score on Malaysia's creditworthiness. The key question is: Will Malaysia's debt rating be slashed and, if so, by how many notches?
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