Currency upheaval: A file picture shows the ringgit banknotes arranged for a photograph. The ringgit could be starting on another round of weakening that may eventually take it to far lower levels, according to Pong. – Bloomberg
WITH expectations of further yuan devaluation, the prospects for a weaker ringgit has come under the spotlight.
A question relating to what extent could the ringgit drop on the back of yuan weakening has drawn mixed views.
