RHB | Malaysia | Commodity Trade Surplus Remains The Saviour Of The Current Account Surplus In 1Q 2015

Economic Research	13 April 2015
Malaysia
Economic Highlights
Commodity Trade Surplus Remains The Saviour Of The Current Account Surplus In 1Q 2015 Earlier, investors were concerned that a sharp drop in crude oil prices in late 2014 would send Malaysia’s current account surplus into a deficit due to a collapse in commodity trade surplus. We highlighted then that the risk of the current account falling into a deficit is low, thought the surplus will likely narrow substantially in 2015 due to a sharp drop in commodity surplus as a result offalling prices. Economist:  Peck Boon Soon  | +603 9280 2163
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