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Finance Minister’s response to Fitch Anwar’s rating downgrade alarms
Updated 11 hours agoPublished December 5, 2020 3:23 PM
The response from FINANCE Minister Tengku Zafrul Tengku Abdul Aziz that Fitch Rating downgraded Malaysia’s long-term foreign currency issuer default rating (IDR) is alarming and disturbing, opposition leader Anwar Ibrahim said.
“Yesterday, Fitch Ratings lowered Malaysia’s long-term foreign currency IDR for the country since the Asian financial crisis 20 years ago,” Anwar said in a statement today.
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