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Economic
Research
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5 December 2016
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Malaysia
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Economic Update
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The Financial
Markets Committee (FMC) had on Friday (2 Dec) announced measures to broaden
the domestic foreign exchange (FX) market to improve liquidity, effective
Monday (5 Dec). The measures are expected:
1. To provide
support and stabilise the MYR in the immediate term;
2. However, this
would add to the cost of doing business for exporters.
Over the
medium-term, we believe it is still more important to enhance confidence on
the fundamentals of the Malaysian economy in order to provide a support to
the MYR.
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Monday, December 5, 2016
Measures To Shore Up Forex Market Liquidity
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