Ringgit's performance mixed due to external factors

Ringgit's performance mixed due to external factors. [Newspaper] (2019)


KUALA LUMPUR: The ringgit saw a mixed performance in 2018 despite entering the year on a bullish footing, as the local currency was dragged down by a sharp change of sentiment in the second quarter, heavily influenced by external drivers.The local unit was affected by various external factors ranging from global trade development, emerging market chaos, Federal Reserve (Fed) interest hike speculation, crude oil price movement and the strengthening of the US dollar.

Item Type: Newspaper
Keywords: Ringgit, Bank Negara Malaysia, Economic Growth, Currency, Banking, Foreign Exchange
Taxonomy: By Subject > Business & Management > Economics
By Subject > Business & Management > Finance
Local Content Hub: Subjects > Business & Management
Depositing User: Normah Sadaiee
Date Deposited: 28 Jun 2021 10:25
Last Modified: 28 Jun 2021 10:25
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