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Malaysian businesses struggle with costs as ringgit weakens against greenback

Tan Ai Leng

Tan Ai Leng

Published Tue, May 17, 2022 · 07:57 PM
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Even as economic activities in Malaysia have largely resumed, companies big and small - from manufacturers to homebuilders and restaurants - are feeling the pinch of soaring operating costs due to the weakening ringgit. 

The ringgit has been trading lower against the US dollar since the start of this year as the hawkish sta…

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US dollar
Asean Business
Malaysia
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