INCREASED political certainty and stability in the country amid a challenging global landscape will underscore a recovery in the value of the ringgit and the local equities market. This is following the appointment of Datuk Seri Anwar Ibrahim as the new prime minister of Malaysia.
The ringgit was the best performing currency in Asia for the last two days as it has strengthened by almost 3% against the US dollar amid expectations of smaller interest rate rises by the US Federal Reserve (Fed).
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!