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Is The MYR Strong Or Is The USD Weak?
10 mins
·
07:45, 6 Aug 2024
·
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Guest: Stephen Chiu (Chief Asia FX and Rates Strategist), Bloomberg Intelligence
With the USD/MYR currently at 4.4350, the strongest for the ringgit in 14 months, prime minister Datuk Seri Anwar Ibrahim has credited his administration's policies for the local unit's performance. Stephen Chiu, Chief Asia FX and Rates Strategist at Bloomberg Intelligence gives us some perspective on the ringgit's strength against the US dollar and whether or not it is sustainable.
Image Credit: shutterstock.com
Presenter: Wong Shou Ning, Shazana Mokhtar, Keith Kam
Producer: Jake Lim
celcomdigi2024administration policymalaysia ringgitus dollarforeign exchangedatuk seri anwar ibrahim
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