Short-term money goes out of Malaysia

"The situation was made worse by Donald Trump being elected at the US presidential election which resulted in the strengthening of the US dollar"

PETALING JAYA: Foreigners have sold RM21.71bil worth of government bonds in the last three months, reducing their share of holding in the debt papers to 28.7% as of end February from a peak of 34.7% last year.

According to Bank Negara, 70% of the debt papers that were sold by foreigners have less than three years to mature and the bulk of them will expire in less than a year.