Weaker ringgit not always bad news


Time for change: Currency trader Raja Nasirudeen Bukhari counting ringgit and US dollars at his store in Kuala Lumpur.

PETALING JAYA: Malaysians are paying more for imported foods and goods due to the stronger US dollar. However, Malaysian economists say it’s not all gloom and doom.

Julia Goh said higher cost of imports, especially luxury goods, would be passed down to consumers.

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