Check 'hot money' inflow, urges MP
Description
Klang MP Charles Santiago has urged the government to immediately implement capital controls to regulate of the influx of 'hot money', in order to protect the economy.
Hot money or speculative capital has a way of creating asset bubbles in the currency, stock market and property market, in turn leading to higher inflation.
Full story here: http://www.malaysiakini.com/news/148928
Hot money or speculative capital has a way of creating asset bubbles in the currency, stock market and property market, in turn leading to higher inflation.
Full story here: http://www.malaysiakini.com/news/148928
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