Malaysia's sovereign ratings remain, no downgrade


Moody

PETALING JAYA: A spurious text message going around that two rating agencies have downgraded Malaysia’s sovereign ratings is untrue.

Both Fitch Ratings and Moody’s Investors Service said in e-mailed replies that they had not downgraded Malaysia’s sovereign ratings to BBB (or Baa in the case of Moody’s) in response to queries from StarBiz over the text message.

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