High demand will lead to a robust local note

By JAGDEV SINGH SIDHU

WHY is the ringgit weak? It is a common question being asked with greater frequency as the local currency hits a low against the US dollar and the Singapore dollar.

It is a fair comparison given the dominance of the US dollar for Malaysia being a trading nation.

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Monthly Plan

RM 13.90/month

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Annual Plan

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RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

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ringgit , dollar , singaporedollar , rupiah , baht , foreigninvestment , capitalmarket , interestrates , inflation , householddebt , 1mdb

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