The difference between now and 1998


  • Business Premium
  • Saturday, 08 Aug 2015

Falling rate: A moneychanger worker showing the ringgit and US dollar notes in Kuala Lumpur recently. The ringgit is still falling versus the greenback.

THE ringgit is falling and so is the stock market. Contagion worries are building.

That scenario is a reality for Malaysian capital markets and the anxiety over a slowdown in China’s economy has got many worried about its effect on economic momentum in Malaysia.

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , economy , Malaysia , recession , ringgit

   

Next In Business News

China's central bank renminbi liquidity arrangement includes Malaysia Premium
Global M&A braces for dry spell as boardrooms put expansion on hold Premium
CPO futures market to see technical correction next week Premium
Fed policymakers embrace more rate hikes, markets a little less Premium
Tokyo Gas begins synthetic methane trial using green hydrogen Premium
Bruised US stock investors brace for more pain in second half of 2022 Premium
An ‘AAA’ move? Premium
A ‘Volcker recession’ in the making Premium
Real stress hurts bank buybacks Premium
Masayoshi Son’s eternal optimism Premium

Others Also Read