Why Is Malaysia’s Ringgit Falling? Economics Doesn’t Always Provide Precise Answers – Analysis
The Malaysian Ringgit has fallen 4.8 percent this year and we have not even reached the end of February. The Ringgit briefly touched 4.80 to the USD, the lowest since September 1998, when it reached 4.8850 to the USD, and a fixed exchange rate with the USD was set.
Bank Negara Malaysia Governor Abdul Rasheed Ghaffour said the...
