Mitigating the FX effects


The strengthening dollar presents a big challenge to businesses.

The weakening ringgit poses a considerable challenge to SMEs with exposure to trading in the US dollar. How well are they coping? WONG WEI-SHEN finds out.

NEW players in the small and medium enterprises segment are caught by the depreciation of the ringgit against the US dollar, while those that have been through the Asian Financial Crisis in the late 1990s are more aware about how to mitigate the risks.

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