Malaysia may lose A- Fitch credit rating

SOE debt, declining oil prices and trouble at a sovereign wealth fund have prompted foreign investor outflows and undermined Malaysia’s economic outlook.

Malaysia may lose A- Fitch credit rating

Malaysia is going through a rough patch, with its fiscal position weakening due to mounting debt and lower oil prices.

The Southeast Asian nation currently rated A- by Fitch has been on negative outlook since July 2013 and the probability of a rating cut over the next 12 to 18 months has risen to over 50%, said the rating agency at its Asia Sovereign Credit Briefing in Hong Kong on March 18.

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