Stronger ringgit, Fed shift could draw capital to Malaysia


KUALA LUMPUR: Malaysia could attract renewed capital inflows into its bond and equity markets, underpinned by a stronger ringgit and a possible shift in US monetary policy.

UOB Kay Hian Wealth Advisors Sdn Bhd head of investment research Mohd Sedek Jantan said the appreciating ringgit enhances Malaysia’s import purchasing power and may boost foreign interest in local financial assets.

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