BFM Podcast

Fitch Downgrades Malaysia

Tan KW
Publish date: Mon, 07 Dec 2020, 02:03 PM
Fitch Downgrades Malaysia

7 December 2020

Produced by: Roshan Kanesan

Presented by: Khoo Hsu Chuang, Wong Shou Ning

At the end of last week, Fitch Ratings downgraded Malaysia’s sovereign rating from ‘A-’ to ‘BBB+’, with an improved outlook from negative to stable. Thomas Rookmaaker, Director of Sovereign Ratings at Fitch Ratings, gives us the details on the reasons for the downgrade and what would be required for the country to regain its A- rating.

Image Credit: Willy Barton / Shutterstock.com

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