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Moody's may upgrade Malaysia's credit rating (HL), BUSINESS TIMES

By Habhajan Singh
Publication: Business Times (Malaysia)
Date: Tuesday, June 25 2002


Business Times (Malaysia)

06-25-2002

MOODY'S Investors Service may upgrade the credit rating of Malaysia,
citing as reasons the country's strong external indicators as well as good
progress in bank and corporate reforms.
The international rating agency yesterday placed on review for
possible upgrade Malaysia's Baa2 foreign currency country ceiling for bonds,
Baa3 for foreign currency bank deposits, and Prime-3 for short-term foreign
currency.
However, the review does not cover the A3 ringgit-denominated debt.
The move comes two mo

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