Importers feel pressure of weak ringgit
Lower value of the local currency has a direct impact on commodity prices.
Ringgit continues slide against US dollar
Drop in oil prices coupled with Fed raising interest rates adds to local woes.
Ringgit slips to new low v US dollar at opening
Traders expect small recovery if Fed announces new 3.25% interest rate.
Exporters gain, consumers pay more as ringgit depreciates
Local currency continues to weaken against greenback, reducing puchasing power.
Ringgit hits record low v US dollar since Asian Financial Crisis
Investors focus on greenback and other safe-haven assets.
Lawmaker questions ministers’ silence over ringgit’s fall
Lim Lip Eng urges PM, finance minister to be upfront about economic crisis.
HSBC predicts RM4.28 to US$1 by year-end
Bank says local note will strengthen once global market sentiment improves.
Ringgit to strengthen against US dollar by year-end, says economist
Data shows Malaysia’s business sentiment, manufacturing sector positive going into second half of 2022.
US Fed policy, capital flight causing ringgit to depreciate, say economists
It's still not necessary to peg the Malaysian currency against the US dollar, they say.
World has lost confidence in Malaysia’s economy, says Anwar
Opposition leader says pandemic recovery, Ukraine war can be blamed for ringgit’s decline, but other countries are returning to normalcy while we flounder.