Tag: high household debt malaysia
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Moody’s rating for Malaysia and the 86.8% household debt versus GDP
In The Star online today (26 March), Moody’s Investors Service said that it expects Malaysia to be able to withstand external financial shocks due to its strong external position and large pool of domestic savings.Currently, Malaysia is rated at A3 (positive). What’s the meaning of this rating? The actual definition is ‘Rated as Upper Medium…