THE ringgit is experiencing a historic low in value but should we consider pegging it as an option? Or is the ringgit actually at its fair value?
The current depreciation of the ringgit presents a dual scenario. On one hand, it can benefit exporters, on the other, the low value may be unfavorable due to our reliance on high-import materials.
Ringgit peg – Not the answer for Malaysia
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THE ringgit is experiencing a historic low in value but should we consider pegging it as an option? Or is the ringgit actually at its fair value?
The current depreciation of the ringgit presents a dual scenario. On one hand, it can benefit exporters, on the other, the low value may be unfavorable due to our reliance on high-import materials.
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