Malaysia Exports Soar 32%, Rising Above Asean Neighbors

Weaker currency lifting overseas sales

After a couple of years of slowing growth, declining investor sentiment and a corruption scandal involving a state-owned investment fund, Malaysia’s fortunes are turning. Export growth has been topping Southeast Asia neighbors for much of the year, helped by a weaker currency. Malaysia’s central bank meets Thursday, and policy makers will probably hold the benchmark interest rate at 3 percent.

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