You are here

Oil market's bounce masks persistent risk in Malaysian debt

Oil price still down more than 40 per cent since last June; cracks in political stability appearing


APRIL was a good month for Malaysia's economy, one of the most deeply exposed to foreign debt in Asia, as a bounce in oil prices boosted foreign reserves and its currency rose the most in three years. But behind the good news lurks lingering danger.

The energy exporter

Market voices on: