atans1

Don’t laugh at M’sians

In Currencies, Malaysia on 03/09/2015 at 4:18 pm

Markets EM currenciesRinggit has fallen 18% more or less but 11.6% ain;t that great

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  1. As we know, there are various factors to the fall of Ringgit currency i.e. China’s Yen devaluation/Increase in US Feds interest Rate/Decrease in oil price and etc. In Malaysia, there is also the political element which has made the situation worser. Other than that, all ASEAN currencies are facing similar issues as Ringgit is.

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