Signs of financial distress in the country are getting more prevalent and clearer as the Covid-19 impact bites deeper into Malaysia’s economy, resulting in rising unemployment and shrinking incomes
KUALA LUMPUR: Malaysia recorded an increase in foreign portfolio outflows totalling RM5bil in July as foreign funds continued to reduce their stakes in local equities and debt securities due to local and external factors.
Signs of financial distress in the country are getting more prevalent and clearer as the Covid-19 impact bites deeper into Malaysia’s economy, resulting in rising unemployment and shrinking incomes
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