Stronger ringgit: Year-to-date, the ringgit has gained 2.05% against the US dollar, which makes the Malaysian currency one of the top performers in the region so far this year.
Malaysian debt market attracting inflows as developed economies turn dovish
THIS is no monkey business: capital is finding its way back to emerging Asian markets, including Malaysia, to seek better yields. This happens as doubts about further interest rate hike in the United States arise, while other developed countries have pushed their interest rates deeper into the negative territory.
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