Reasons Behind The Weak Ringgit

15/06/2015 20 min
Reasons Behind The Weak Ringgit

Listen "Reasons Behind The Weak Ringgit"

Episode Synopsis

The ringgit last week hit RM3.77 against the US dollar -- lowest level in nine years. However in the next two days, it rebounded to be the best performing currency in the last two weeks. We explore the mechanics of the ringgit's movement and reasons behind its current weakness.See omnystudio.com/listener for privacy information.