Mixed views on cause of currency’s fall


EXPERTS are mixed on the causes of recent depreciation of the ringgit against the US dollar, although Bank Negara has attributed the foreign exchange fall to speculation positioning.

Following the downtrend of the ringgit as it touched daily low of 4.3700 yesterday, Bank Negara has called for calm in the market and said that the current volatility is due to external environment.

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Business , Ringgit

   

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