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Asia Sentinel
Malaysia's Disastrous Capital Flight

Malaysia's Disastrous Capital Flight

Our Correspondent
Jan 11, 2010
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Asia Sentinel
Asia Sentinel
Malaysia's Disastrous Capital Flight
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Churches are not the only thing to have been going up in flames in Malaysia. Take a look at the nation's foreign exchange reserves. They fell by close to 25 percent during 2009 according to investment bank UBS even though the country continued to run a huge surplus on the current account of its balance of payments.

Says UBS: "Question: which Asian countr…

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