Moody’s says weaker ringgit will raise cost of servicing borrowings
PETALING JAYA: The ringgit rebounded from a nine-year low against the US dollar, as a rating agency warned that the currency’s recent sharp depreciation will increase the cost of servicing the country’s borrowings.
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!