Loading…
The ringgit has risen about 13% against the US dollar over the past year and is among Asia's strongest currencies. The rise has helped consumers and the government but squeezes Malaysian exporters such as rubber glove makers, whose sales are dollar-denominated.
A stronger ringgit lowers the cost of dollar-priced imports for Malaysian buyers and reflects healthy export-led growth, but it reduces the competitiveness of Malaysian exports.
news.cgtn.comMar 20, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
