Thursday, 3 August 2017

Malaysia. Rake it up

Is the current us top 20 hit by Yo Gotti & Nicki Minaj.

Malaysia looks like raking up, a long list of economic no no's, which soon could trigger a massive withdrawal by foreigners in the bond and equity markets.

Inflation is at an eight year high, foreign reserves held by Bank Negara stood at US99.1 billion compared to US141.4 billion in 2013.

To top it all up, reserve adequacy is low, compared to the countries near us.

Malaysia’s reserves are sufficient to finance 6.5 months of imports, according to data compiled by Commerzbank AG using a 12-month moving average.

That compares with 9.9 months for Indonesia, 10.8 for Thailand, 11.2 months for the Philippines, and 21.6 for China.

No comments:

Post a Comment