USD/MYR: Here’s why the Malaysian ringgit is in a freefall

The Malaysian currency is under intense pressure as it nears its all-time low against the US dollar. The USD/MYR pair was trading at 4.77 on Monday morning, a few points below its February high of 4.80.  Malaysian ringgit is plunging It has surged by more than 12% from its lowest point in 2023 and by […]