All eyes on Malaysia's debt rating review
If Fitch Ratings downgrades the country's debt, the impact could cut deep
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?
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Nomura Q4 net profit jumps almost eight-fold on retail income surge
Japan frets over relentless yen slide as BOJ keeps ultra-low rates
Rescue pup to meme star: the real-life ‘Dogecoin’ dog
Zhang Ruijin slapped with 5 more charges days before guilty plea for earlier charges
Bank of Japan keeps rates steady, projects inflation staying near 2% in coming years
Weak yen pressures Bank of Japan’s interest rate decision