You are here

KL's rate-hike outlook makes ringgit best carry-trade bet

Economists see BNM boosting rates to 3.5% by year-end
Wednesday, August 6, 2014 - 06:00

[SINGAPORE] The odds that Malaysia's central bank will increase borrowing costs at least once more this year are providing Asia's best carry-trade returns in the ringgit. Trades in which investors borrow in a country with low interest rates and park funds elsewhere seeking higher yields climbed

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom