“Total foreign holdings reached a four-month high of RM198.9bil last month, compared with RM187.3bil in May, with its share to total outstanding debt increasing to 12.8% from 12.2%), ” it said
PETALING JAYA: Inflow of foreign funds into Malaysia’s debt securities rose at its fastest pace in over four years at RM11.6bil in June on optimism of the country’s economic recovery, Kenanga Investment Bank Research noted in its report. In May, foreign inflows into the debt market stood at RM1.5bil.
“Total foreign holdings reached a four-month high of RM198.9bil last month, compared with RM187.3bil in May, with its share to total outstanding debt increasing to 12.8% from 12.2%), ” it said.
Kenanga Research attributed it to a recovery optimism, following the implementation of the recovery movement control order on June 10.
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