Outflow risk: Currency traders stand to gain if the ringgit appreciates. The downside for carry-trade is when traders start unwinding when interest rates change, causing an outflow of funds.
PETALING JAYA: The ringgit is seeing rising optimism due to the stronger-than-expected economic performance and reduced volatility of the currency.
The reduced volatility has positioned the ringgit as a favoured currency for carry-trade.
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