Malaysia Faces Capital Flight, Falling Trade Surplus
www.asiasentinel.com
As the Malaysian election draw near, two worrying aspects of the country's economy are very much in evidence. They are just pointers but significant ones to a bumpy future. This may seem a surprise to outsiders who are rightly impressed with the strength of the nation's external position - RM139 billion (US$44.36 billion) in foreign exchange reserves and a record of huge annual current account surpluses dating back to 1998. Monetary policy is restrained and inflation is low.
Malaysia Faces Capital Flight, Falling Trade Surplus
…
Malaysia Faces Capital Flight, Falling Trade Surplus
As the Malaysian election draw near, two worrying aspects of the country's economy are very much in evidence. They are just pointers but significant ones to a bumpy future. This may seem a surprise to outsiders who are rightly impressed with the strength of the nation's external position - RM139 billion (US$44.36 billion) in foreign exchange reserves and a record of huge annual current account surpluses dating back to 1998. Monetary policy is restrained and inflation is low.
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