From trade war to currency war? Will RM suffer?


Risk assets and oil prices may be hit, taking down currencies of commodity producing countries, especially the Russian ruble, Colombian peso and ringgit, according to Bloomberg.

MARKETS seem bolder these days, but investors are alert to a potential currency war.

With President Donald Trump lamenting the strength of the dollar and the yuan plunging to 6.80 per dollar for the first time in a year, market players are watching for any potential impact on financial markets.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Plain Speaking , Yap Leng Kuen , currency

Next In Business News

US 10-year yield rises to highest since 2007
Budget 2027 targets more household relief
Govt in talks with AirAsia rivals on commercial arrangements
Investors must be wary of consumer discretionary sector
Riyadh in crisis as key oil pipelines shut for weeks
Business confidence in Asean at a high
Budget 2027 puts stability first
Investors mixed on Prabowo’s team reset
‘Double choke’ situation hits global oil supply
Carry traders eye franc and krona as yen’s funding appeal ebbs

Others Also Read