Strong net foreign fund inflows expected

RAM Rating Services Bhd senior economist and head of economic research Woon Khai Jhek

PETALING JAYA: The ringgit bond market is poised to strengthen and attract strong net foreign fund inflows this year underpinned by the cut in global interest rates amid financial market volatility in the near term.

RAM Rating Services Bhd senior economist Woon Khai Jhek told StarBiz he expects the local bond market to maintain its momentum and continue to chart an overall net foreign fund inflow this year on the back of falling interest rates globally.