You are here

CURRENCIES

The impact of a weak Malaysian ringgit

Monday, September 7, 2015 - 05:50

THE Malaysian ringgit (MYR) has depreciated above 4.0 against the United States dollar (USD), surpassing the peg level of 3.8 set during 1998's Asian Financial Crisis and taking the ringgit to almost an all-time low.

Fundamentally, Malaysia's Q2 GDP is growing at a healthy rate of 4.9 per

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom