Exports up, but economist not impressed given ringgit's dive
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Kuala Lumpur
MALAYSIA'S November exports grew by 6.3 per cent year on year to RM67.63 billion (S$22 billion), but an economist has called the trade volume humdrum - despite the battered ringgit having made Malaysian goods much cheaper overseas.
Bank of America Merrill Lynch (BOAML) Asean economist Chua Hak Bin said: "Despite the massive devaluation in the ringgit, the demand for exports is still muted."
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