Malaysia Credit Rating `Constrained' by Government Finances, Moody's Says

(Bloomberg) -- Malaysia's credit rating is
``constrained,'' Moody's Investors Service said, even after the
country's second finance minister, Nor Mohamed Yakcop, traveled
to New York and asked for an increase.

Malaysia's sovereign bond ratings are ``somewhat
constrained by general government finances that remain weaker
than comparable peers,'' Aninda Mitra, lead Moody's analyst for
Malaysia, wrote in an e-mail. Still, ``exceptionally strong
external accounts'' support the ratings, Mitra said.


Read more at Bloomberg Emerging Markets News