PETALING JAYA: The second round of quantitative easing (QE2) by the US Federal Reserve is not expected to affect Malaysia's economy, especially the ringgit, significantly in the long term, most analysts say.
CIMB Investment Bank Bhd regional rates and foreign exchange strategist, Suresh Kumar Ramanathan, said the ringgit had remained strong and competitive despite the QE2 in the United States.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
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!
