Awani logo
BUSINESS

Ringgit plummets to 1998 lows

article-author-avatar
Astro Awani 19/12/2016 | 22:28 MYT
Ringgit plummets to 1998 lows
Negative perception is a key factor that leads to the continued depreciation of the currency. - Filepic
Independent Forex strategist, Dr Suresh Kumar Ramanathan stressed that Bank Negara Malaysia measures are insufficient to stem the fall of the Ringgit.

He also added that negative perception is a key factor that is leading to the continued depreciation of the currency.

Watch the interview on Newsnight.








#depreciation #ringgit #suresh kumar ramanathan