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Malaysian market sees robust inflow


The ringgit is enjoying a strong start in 2019, rising against most major currencies.

The ringgit is enjoying a strong start in 2019, rising against most major currencies.

PETALING JAYA: The stronger ringgit is fuelling a surge of inflow into the local bond market, driving yield on the 10-year Malaysian Government Securities (MGS) below 4% for the first time since April last year.

Analysts said the rally in the bond market still has room to continue with the strength of the ringgit supporting further gains.

Markets , Forex , Economy , Ringgit , bond

   

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