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Malaysia’s current account balance records surplus of 960 mln USD in Q1

KUALA LUMPUR, May 12 (Xinhua) — Malaysia’s current account Balance (CAB) continued to record a surplus with a value of 4.3 billion ringgit (960 million U.S. dollars), or 1 percent of gross domestic product (GDP) in the first quarter, official data showed Friday.

The Department of Statistics Malaysia (DOSM) said in a statement that the CAB surplus this quarter was mainly supported by net exports of goods, down f