Monday, 22 Jun 2020 05:51 PM MYT
In its Bond Market Monthly report, RAM Ratings said this was supported by a more upbeat global sentiment. It said the stimulus package is expected to widen Malaysia’s fiscal deficit to 5.8 per cent — 6.0 per cent of gross domestic product , from RAM Ratings’ previous projection of 4.8 per cent. RAM Ratings said this trend suggested that foreign buying of MGS is likely to remain dull for the rest of June.
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