Uncertainties cloud ringgit’s true value

True value: Eventually, the fundamentals of the economy will begin to reflect the value of the ringgit.

ASK any currency or fixed income strategist in town and they will tell you that the ratio between the local currency and the US dollar should be about RM3.68 to US$1. Now the official conversion rate is closer to RM3.80 for US$1.

There are several reasons for the ringgit not living up to its valuation.

Limited time offer:
Just RM5 per month.

Monthly Plan


Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan


Billed as RM148.00/year

1 month

Free Trial

For new subscribers only

Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , column , ringgit , dollar , currency , value , economy , market , stocks , shares , klci , klse ,


Next In Business News

SC wins insider trading civil suit involving GW Plastics shares
Paper packaging firm Ornapaper to diversify into property development
Econframe expects favourable outlook for M’sia’s industrial property market
SC, USM collaborate to cultivate fintech talents
Ringgit gains some ground against US dollar on DXY decline
RHB Asset Management launches Malaysia's first RHB Global Equity Premium Income Fund
Sapura Energy to divest stake in SapuraOMV to TotalEnergies for RM3.37bil
Sunview and Vision Ambassadors form JV for renewable energy development
Southeast Asia has potential to attract more venture capitalists - KWAP
Axis REIT to acquire two properties in Klang for RM351.8mil

Others Also Read