Tag Archives: malaysian ringgit
Asia Fixed Income: Weakening Ringgit Triggered Bond Outflow
Malaysian ringgit continued the plunge and hit a 17-year low. The offshore holding of Malaysia local government debt also fell with the heightening FX volatility and declining FX reserves. The S&P Malaysia Bond Index dropped 1.27% in August, bringing year-to-date (YTD) total return to 1.66%. Its broader benchmark, S&P Pan Asia Bond Index, aggregates the…
- Categories Fixed Income
- Other Tags
- Categories
- Fixed Income
- Other Tags