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Malaysia's June exports rebound, but Q2 growth still seen as weak

Thursday, August 6, 2015 - 05:50
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The ringgit, now trading at around 3.87 to the US dollar, could face more pressure, with the US Federal Reserve rate hikes looming.

Kuala Lumpur

MALAYSIA'S June exports grew 5 per cent or RM3 billion (S$1.06 billion) to RM64.3 billion year-on-year, but notwithstanding the strong rebound from the previous months, economists expect second quarter GDP growth to moderate to around 4 per cent.

As exports contracted