InstaForex - Official partner of Dragon Racing

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InstaForex is an international brand created in 2007. The company provides services for online FX trading and is recognized as one of the world's leading brokers. We have won the trust of more than 7,000,000 retail traders, who have already appreciated our reliability and focus on innovations.

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InstaForex - Official partner of Dragon Racing

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2021.08.2705:27:00UTC+00Malaysia Exports Rises More Than Expected

Malaysia's exports rose more than expected in July, data from the Department of Statistics showed on Friday.

Exports grew 5.0 percent year-on-year to MYR 97.3 billion in July. Economists had expected a rise of 9.7 percent.

Imports grew 24.0 percent annually to MYR 83.6 billion in July. Economists had forecast a increase of 19.4 percent.

The trade surplus totaled MYR 13.7 billion in July, which was below the expected level of MYR 20.0 billion, the agency said.

On a monthly basis, exports declined 18.6 percent in July and imports decreased 7.7 percent.

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