Steep exchange: A money changer gesturing that one has to fork out RM450 for US$100 based on the exchange rate for the currencies at his shop in Jalan Masjid Kapitan Keling, Penang. —CHAN BOON KAI/The Star
GEORGE TOWN: After persevering for two years against the pandemic, Malaysia’s economy looks to be making progress, especially the tourism and export sectors that could capitalise on the weakening ringgit to bounce back.
Federation of Malaysian Manufacturers (Penang) chairman Datuk Lee Teong Li said exporters of electronic goods, machinery and equipment benefited from a weaker ringgit.
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