atans1

Why M$ fall should worry

In Currencies, Emerging markets, Malaysia on 15/09/2015 at 1:35 pm

FX reserves

The ringgit lost 20% (ine of the worse performing currencies) of its value against the dollar this year despite Bank Negara spending 29% of its FX reserves to slow the fall. If it had spent less, rinngit would have fallen a lot more.

 

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