Malaysia: Potential Surge In Ringgit To Above RM5.00 – OpEd

Before surging to RM4.0395 against the US dollar on August 12, 2015, the Malaysian ringgit had been below RM4. However, the currency’s decline persisted, reaching RM4.7845 against the dollar on February 19, 2024, and consistently remaining above RM4.00. There is a looming projection that the ringgit might breach RM5.00 in...