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MYR, RMB face weakening trend vs. USD

KUALA LUMPUR, Malaysia--We expect that the USD/RMB pairs will weaken, hovering around 6.45 -6.55 with the upside at 6.65 -6.80 by end 2021 while reiterating our MYR outlook to the USD at 4.15-4.20 with the upside at 4.30 by end 2021.

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Malaysia Needs to Intensify Fight Against Delta Variant

KUALA LUMPUR, Malaysia--Slower exports growth in July by 5 percent year on year (y/y) was due to softer manufacturing shipments which were affected by the contraction of the E&E segment from MCO 3.0.

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