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Fitch affirms long-term foreign currency rating at `BBB', BUSINESS TIMES


Business Times (Malaysia)

02-22-2001

INTERNATIONAL rating agency Fitch affirmed yesterday the long-term
foreign and local currency ratings of Malaysia at "BBB" and "A-" respectively.

The short-term foreign currency rating remains at "F2", while the
long- term rating outlook is still positive.
In a statement yesterday, Fitch said Malaysia's ratings and positive
outlook are supported by the country's strong international liquidity position,
modest and favourably structured external debt, considerable yet diminishing
fiscal flexibilit

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