What is the impact of a weak yuan on the ringgit?


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.

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