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03-06-2022, 08:30 AM
An honorable member of the Coffee Shop Has Just Posted the Following:
KUALA LUMPUR: Worries from the international investor community are among the temporary factors contributing to the depreciation of the ringgit at the moment, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
He said this caused investors to reallocate investments in higher yielding assets in the United States and caused the depreciation of various world currencies, including the ringgit.
He said China’s growth prospects, which were expected to be weaker this year due to...
Read more (https://www.sammyboy.com/threads/malaysia-dont-worry-ringgit-will-bounce-back-lol.322430/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/malaysia-dont-worry-ringgit-will-bounce-back-lol.322430/).
KUALA LUMPUR: Worries from the international investor community are among the temporary factors contributing to the depreciation of the ringgit at the moment, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
He said this caused investors to reallocate investments in higher yielding assets in the United States and caused the depreciation of various world currencies, including the ringgit.
He said China’s growth prospects, which were expected to be weaker this year due to...
Read more (https://www.sammyboy.com/threads/malaysia-dont-worry-ringgit-will-bounce-back-lol.322430/)
Click here to view the whole thread at www.sammyboy.com (https://www.sammyboy.com/threads/malaysia-dont-worry-ringgit-will-bounce-back-lol.322430/).