Why Malaysia’s Currency Has Been Falling: Can The Ringgit Recover? | Insight | Full Episode
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YouTubeCNA Insider
Why Malaysia’s Currency Has Been Falling: Can The Ringgit Recover? | Insight | Full Episode
In February this year, the Malaysian currency, the ringgit, suffered its steepest decline in 26 years. It briefly slipped past MYR 4.8 against the US dollar, its weakest since reaching an all-time low of 4.88 during the 1998 Asian Financial Crisis. This has caused a strain on the country’s key industries - from the airlines to manufacturing ...
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