RHB | Malaysia | Broad Monetary Aggregate The Slowest In 13 Years, But Loan Growth Inched Higher In July

Economic Research	01 September 2015
Malaysia
Economic Highlights
Broad Monetary Aggregate The Slowest In 13 Years, But Loan Growth Inched Higher In July Growth of the broader money supply, M3, decelerated to 3.9% y-o-y in July, the slowest pace in more than 13 years, from +6.0% in June and compared with +5.7% in May. This was on account of a sharp drop in external operations and made worse by a slip-up in government operations but partly mitigated by a pick-up in demand for funds by the private sector. Economist:  Peck Boon Soon  | +603 9280 2163 Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
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