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FX.co ★ Malaysia Exports Rises More Than Expected In September

Malaysia Exports Rises More Than Expected In September

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

Exports grew 24.7 percent year-on-year to MYR 110.8 billion in September. Economists had expected a rise of 14.6 percent.

Imports grew 26.5 percent annually to MYR 84.7 billion in September. Economists had forecast a increase of 15.4 percent.

The trade surplus totaled MYR 26.1 billion in September, which was above the expected level of MYR 22.5 billion, the agency said.

On a monthly basis, exports grew 16.0 percent in September and imports increased 14.2 percent.

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