Commerzbank’s Moses Lim notes Malaysia’s July exports rose 38.0% year-on-year, marking a fourth month of double‑digit growth led by electronics and machinery. The bank highlights resilient external demand, strong shipments to the US and China, and an AI‑driven electronics cycle. USD/MYR has fallen for four sessions, with the Malaysian Ringgit slightly outperforming other Asian currencies versus the Dollar.
Strong external demand underpins Ringgit
“July exports rose 38.0% yoy (Bloomberg consensus: 35.0%) vs 45.5% in June, marking the fourth consecutive month of double-digit growth. The report suggests external demand remains resilient despite…
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