Malaysia first quarter current account surplus falls to 12.3 billion rgt

KUALA LUMPUR (Reuters) - Malaysia's current account surplus fell to 12.3 billion ringgit ($2.99 billion) in the first quarter from 18.6 billion ringgit in the previous three months, the Department of Statistics said on Tuesday.

Portfolio investment saw a net inflow of 0.4 billion ringgit, compared with outflows of 6.9 billion ringgit in the fourth quarter.

($1 = 4.1135 ringgit)

(Reporting by Joseph Sipalan; Editing by Jacqueline Wong and Kim Coghill)