Malaysia’s forex reserve position remains resilient and is currently above international adequacy standards, with the current markers able to withstand any possible headwinds. — Bernama photo
KUCHING (April 13): Malaysia may be able to weather macro market volatilities thanks to the country’s bright trade prospects and steady capital market performance.
The research team at Public Investment Bank Bhd (PublicInvest Research) highlighted this in a recent economic report, stating that Malaysia’s foreign exchange (forex) reserve position remains resilient and is currently above international adequacy standards, with the current markers able to withstand any possible headwinds.
“Its steady position may also underpin macroeconomic and financial system stability especially during extreme capital market conditions like the 2015 US taper tantrum and 2009 Global…
