Malaysian ringgit hits 17-year low against US dollar on weak commodities
SINGAPORE — Malaysia’s ringgit hit a 17-year low today (July 27) as a global slump in commodity prices added to concerns over sluggish exports
Investors braced for a US Federal Reserve meeting that might take another step toward lifting interest rates.
The ringgit eased 0.1 per cent to 3.8110 per US dollar, its weakest since September 1998.
(Malaysian) central bank has been spotted intervening to keep the worst performing Asian currency firmer than 3.8100 per dollar, traders said.
The ringgit eased 0.1 per cent to 3.8110 per US dollar, its weakest since September 1998.
(Malaysian) central bank has been spotted intervening to keep the worst performing Asian currency firmer than 3.8100 per dollar, traders said.
Malaysia’s international reserves fell to US$100.5 billion as of July 15 from US$105.5 billion as of June 30, central bank data showed on July 23. REUTERS
My comments : Mat Maslan kita kena optimis selalu. Tak lama nanti Ringgit Malaysia akan jadi setaraf dengan Rupiah Indonesia.
My comments : Mat Maslan kita kena optimis selalu. Tak lama nanti Ringgit Malaysia akan jadi setaraf dengan Rupiah Indonesia.
Kalau macam itu boleh Mat Maslan dan kawan-kawan pergi shopping di Indonesia.
Boleh bawak duit Ringgit berbakul-bakul. Macam duit Rupiah Indonesia. Hooray.
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