Q2 current account balance continues to see surplus of RM7.6b - DOSM

Malaysia’s current account balance (CAB) continued to record a surplus of RM7.6 billion in the second quarter of this year (Q2 2020), despite the global economic uncertainties and continuous spread of Covid-19, according to the Department of Statistics Malaysia (DOSM).

Chief statistician Mohd Uzir Mahidin (above) said the current account surplus was mainly contributed by net exports of goods of RM25.9 billion and a lower deficit in secondary income at RM1.9 billion...