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Malaysia deserves junk status like Brazil, says Moody’s
Six developing nations, including Malaysia and South Africa, deserve to follow Brazil into junk status, if credit-default-swaps traders are to be believed.
Two weeks after the Latin American country’s credit rating was lowered, CDS investors are punishing other emerging markets facing similar challenges, sending their implied sovereign ratings at least five levels below their official grades, according to data from Moody’s Corp.
- See more at: http://www.themalaysianinsider.com/malaysia/article/malaysia-deserves-junk-status-like-brazil-says-moodys#sthash.rwQzb89J.dpuf
Beliau berkata, meskipun perkembangan ekonomi global semakin mencabar, namun langkah-langkah yang diambil kerajaan telah berjaya memberikan kesan positif kepada negara dalam mendepani cabaran tersebut.
“Semakan semula prospek penarafan itu satu kredit kepada negara, di sebalik cabaran-cabaran (ekonomi global), kita kekalkan rating dan ia juga menunjukkan kita berada di landasan yang betul,” katanya.
- See more at: http://www.utusan.com.my/bisnes/ekonomi/moody-8217-s-bukti-malaysia-berada-di-landasan-betul-1.179038#sthash.I7b4yp0j.dpuf
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