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Old 12-07-2023, 09:00 AM
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Thumbs up A silver lining in a weaker ringgit

An honorable member of the Coffee Shop Has Just Posted the Following:

A silver lining in a weaker ringgit​

July 12, 2023 @ 12:03am



On the flipside, the falling ringgit is an incentive for foreign markets to buy Malaysian-made goods. -NSTP File/EFFENDY RASHID

LETTERS: THE ringgit has shrunk in value to RM4.67 per United States dollar. A former minister said he would not be surprised if it hit RM5.

The low exchange rate means the ringgit has a lower purchasing value when we convert it to foreign...

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