BNM decision to affect Malaysian ringgit’s fate this week

Written by Media Outreach

KUALA LUMPUR, MALAYSIA - Media OutReach - 9 March 2023- Over the past year, Malaysian ringgit (MYR) has been one of the most resilient currencies among the major 10 Asia currencies that we track. As the Federal Reserve (Fed) started to tighten monetary policy in March last year to rein in inflation, so risk-sensitive currencies began to decline....

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