Ringgit’s misfortunes driven by investment flows

By Pankaj C. Kumar

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MUCH has been debated as to the cause of the ringgit’s weakness. Despite the promise of reforms, as well as the baby steps introduced in Budget 2024, the ringgit continues to head south, vis-a-vis the mighty US dollar.

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RinggitWeakness , BalanceOfPayments , DIA , FDI , PortfolioFlows , E&O , TradeSurplus , CapitalAccount , 1MDB , InstitutionalFunds

   

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