Are exporters making a killing from the low rate?


TYPICALLY, export-based companies in Malaysia are seen as the biggest beneficiaries of a weak ringgit.

Such companies are expected to gain from a favourable exchange rate and hence, stronger earnings, if a significant portion of their orders are denominated in the US dollar or other currencies that the ringgit is weak against.

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Export , ringgit , Greatech , Hartalega , PCCS ,

   

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