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Malaysia Balance of Trade
A significant portion of the Malaysian economy is based on international trade. Malaysia has consistently reported trade surpluses since 1998, owing mostly to an increase in exports of electrical and electronic items. The most significant trade surpluses were reported with Hong Kong, Singapore, Japan, and the United States, while the most significant trade deficits were recorded with China and Taiwan in the same year.
A higher than expected figure should be seen as positive (bullish) for the MYR while a lower than expected figure should be seen as negative (bearish) for the MYR.
News (MYR)
Malaysia Central Bank Cuts Policy Rate For First Time Since 2020
Malaysia's central bank lowered its key interest rate for the first time in five years on Wednesday to underpin economic growth amid the ongoing trade tariff uncertainty. The Monetary Policy Committee of Bank Negara Malaysia decided to reduce the Overnight Policy Rate by 25 basis points to 2.75 percent. The ceiling and floor rates of the corridor of the OPR were correspondingly reduced.
RTTNews | 6h 18min ago
Malaysia Manufacturing PMI Improves In June - S&P Global
The manufacturing sector in Malaysia continued to contract in June, albeit at a slower pace, the latest survey from S&P Global showed on Tuesday with a manufacturing PMI score of 49.3.
RTTNews | 8 days ago
Malaysia Manufacturing PMI Ticks Higher In May - S&P Global
The manufacturing sector in Malaysia continued to contract in May, albeit at a slower pace, the latest survey from S&P Global revealed on Tuesday with a manufacturing PMI score of 48.8.
RTTNews | 36 days ago
