# Foreign investors are cashing in on Malaysia's improving economic prospects

> Foreign investors are buying Malaysian assets as the ringgit has been one of the region's best performers this year and stocks have gained about 8 percent. The IMF raised Malaysia's 2017 growth forecast to 4.8 percent from 4.5 percent.

- Date: 2017-07-25 · published 2017-07-25T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/70229-foreign-investors-are-cashing-in-on-malaysia-s-improving-economic-prospects
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md)

## Why it matters

Stronger capital inflows and a firmer ringgit reduce the local currency cost of Malaysian palm oil exports, which can support palm oil prices. The effect on feed prices is indirect.

## Read by commodity

- USDMYR: bearish ▼
- PALMOIL: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| PALMOIL | 2024-08-22 | [Malaysia shines as foreign investors return, peers stumble](https://feedsoft.ai/events/29072-malaysia-shines-as-foreign-investors-return-peers-stumble.md) | +1.4% | +6.3% |
| PALMOIL | 2017-12-27 | [Malaysia’s economy strengthens amid taunting factors \| Borneo Post Online](https://feedsoft.ai/events/67751-malaysia-s-economy-strengthens-amid-taunting-factors-borneo-post-online.md) | +5.5% | +4.4% |
| PALMOIL | 2024-08-02 | [Ringgit on Best Run in 14 Years as Malaysia’s Outlook Brightens](https://feedsoft.ai/events/29078-ringgit-on-best-run-in-14-years-as-malaysia-s-outlook-brightens.md) | -2.0% | +1.6% |
| PALMOIL | 2018-08-03 | [Malaysia: Wider external surplus is positive for ringgit \| articles \| ING THINK](https://feedsoft.ai/events/63776-malaysia-wider-external-surplus-is-positive-for-ringgit-articles-ing-think.md) | +2.0% | +0.9% |
| PALMOIL | 2023-03-06 | [MYR/USD: Worst for Malaysia Ringgit Seen Over on China Reopening - Bloomberg](https://feedsoft.ai/events/37148-myr-usd-worst-for-malaysia-ringgit-seen-over-on-china-reopening-bloomberg.md) | -5.6% | -9.0% |

## Sources

- cnbc.com: https://www.cnbc.com/2017/07/25/foreign-investors-are-cashing-in-on-malaysias-improving-economic-prospects.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.