Malaysia sovereign risk improves, Indonesia, India deteriorate: BlackRock
BlackRock has released the second quarterly update of its Sovereign Risk Index (BSRI), which shows Malaysia moving up the rankings but records a worse outlook for Indonesia and India. Joyce Lee reports.
Malaysia has moved up three notches to the 16th spot on BSRI for its debt improvement, strong private consumption, and investment growth, according to the report released by BlackRock on July 25
In contrast, Indonesia has experienced the biggest drop in the ranking, falling five notches to 33rd
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