A new conundrum emerges from the weaker ringgit


The ringgit has weakened by almost 5 year-to-date against the US dollar. Yet, Bursa Malaysia has remained at levels above 1,800 points.

STOCK markets that remain strong or unaffected amid a weakening currency represent a new conundrum for investors.

The ringgit has weakened by almost 5% year-to-date against the US dollar, and is among the worst-performing currencies in the region. Yet, Bursa Malaysia has remained at levels above 1,800 points. It is 3.1% up since January this year.

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