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Malaysia's May exports slow, rates seen on hold

KUALA LUMPUR : Malaysia 's May exports growth slowed more than expected on lower shipments of liquefied natural gas and
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By Abdul Ahad
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malaysian_export_containersKUALA LUMPUR: Malaysia's May exports growth slowed more than expected on lower shipments of liquefied natural gas and refined petroleum products, signalling that the central bank could keep interest rates steady at a policy meeting this week.

Exports rose 5.4 percent from a year ago, way below economists' forecast for a 10.8 percent rise in a Reuters poll.

 

Copyright Reuters, 2011

 

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