# Malaysia slowly winning battle against FX speculators - The Business Times

> Foreign portfolio investors say they are returning to Malaysian bond markets about six months after fleeing during the central bank's ban on offshore ringgit trading. Around 10% of the roughly US$14 billion that left between November and March had returned by April.

- Date: 2017-05-31 · published 2017-05-31T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/71275-malaysia-slowly-winning-battle-against-fx-speculators-the-business-times
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Renewed foreign inflows support the ringgit and reduce pressure on local currency costs for Malaysian feed importers.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/international/malaysia-slowly-winning-battle-against-fx-speculators

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