Moody's ratings agency says Malaysia and Thailand are vulnerable as their borrowing in non-local currencies accounted for a big portion of their liabilities. Photo: Bloomberg
new | Stronger US dollar raises risks for Asian economies
Soaring greenback is making nations in the region with excessive external borrowing vulnerable to recession or financial market turmoil
Moody's ratings agency says Malaysia and Thailand are vulnerable as their borrowing in non-local currencies accounted for a big portion of their liabilities. Photo: Bloomberg
