An uphill battle for the Ringgit in coming week


KUALA LUMPUR: The year 2020 has been gloomy so far, with dark clouds expected to continue casting shadows as the Covid-19 (coronavirus) pandemic carved its devastating path through economies worldwide, leading many to come face-to-face with recession.

Global unemployment rate had increased in April and May, especially in the United States (US) which saw more than 40 million of its people rendered jobless following business closures and a dearth in daily freelance work.

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Economy , Currency , EM , Greenback , liquidity , stability

   

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