Ringgit

Ringgit expected to trend downwards on lack of catalysts next week image

Ringgit Expected to Trend Downwards on Lack of Catalysts Next Week

KUALA LUMPUR (May 14) the ringgit is expected to trend down against the US dollar next week on a lack of catalysts, according to an analyst.  He said there were multiple factors that sounded to negatively affect the economic recovery instigation. Meanwhile, Bank Islam Malaysia Bhd principal economist Mohd Afzanizam Abdul Rashid said despite the […]
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What a weak ringgit means for Malaysia image

What a Weak Ringgit Means For Malaysia

KUALA LUMPUR (April 30): The ringgit went on an upwardly lift over the once week, cheapening fleetly against the US bone as it fell to a two-time low of4.36. The original unit wasn’t alone as numerous major currencies also weakened against the note.  A large part of it was due to the strengthening of the […]
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