Consider This: Fitch Downgrade (Part 2) – Fair Rating in A Crisis?

Last Friday Fitch Ratings downgraded Malaysia's long-term foreign-currency issuer default rating to Triple B Plus, from A minus, with a stable outlook. It is the first time Fitch has downgraded Malaysia's sovereign credit ratings since the 1997 Asian Financial Crisis. Our guest was reported as saying “that "rating agencies come up with banal analyses which are not germane to the market." Melisa Idris and Sharaad Kuttan speak to Shan Saaed, Chief Economist, Juwei IQI.