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Malaysia: Negative foreign portfolio flows in June – UOB
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Malaysia Keeps Key Rate at Record Low Amid Political Turmoil
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Article content
would be immediately unseated as the parliament is currently not
in session and Malaysia has been under lockdown since June amid
a fresh surge in coronavirus cases. The situation is becoming “increasingly precarious” and
another political vacuum, as was created by the sudden
resignation of Mahathir Mohamad last year, would lead to more
drawn out negotiations, Mizuho analysts wrote. “Without a resolution to the political turmoil, COVID-19
could continue to cast its long shadow on the Malaysia’s
economic recovery,” Mizuho said.
day against this backdrop, but is largely expected to leave
interest rates untouched and instead provide liquidity measures
REFILE-UPDATE 1-Malaysia's c.bank holds key rate amid fresh COVID-19 lockdowns
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