Friday, May 5, 2017

Malaysia: Laggard Rally Still Has Legs


5 May 2017


Rates & FX View


Malaysia: Laggard Rally Still Has Legs

Highlights
Highlights
¨      The Malaysian economy is expected to remain on firm footing over 2017
¨      Gradual improvement to sentiment as investors acclimatized to the new FX regime; better liquidity to continue underpin a steadily firmer MYR
¨      We maintain our neutral MYR and MGS view; eye further room for mild gains from current levels

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