Ringgit

Ringgit Malaysia is easily Asia’s strongest currency

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duit-malaysia

KUALA LUMPUR: Malaysian resources are back in support as financial specialists concentrate on empowering indications of a monetary turnaround rather than an embarrassment that has touched the highest point of government and to the extent Hollywood. The stark move implies that Prime Minister Najib Razak, who has weathered political assaults and dissents backpedaling to 2015 … Read more

Zeti: Ringgit will Regain Strength Again

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KUALA LUMPUR: Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz is again brushing off suggestions to peg the ringgit, saying that doing so would do more harm to the Malaysian economy. The ringgit has hit new 17-year lows against the US dollar in recent weeks, declining 26% year-to-date and closing at 4.395 yesterday. The … Read more