Why does the ringgit weaken when the US increases interest rates? - theSundaily

7/3/2022 12:00:00 AM3 years 8 months ago

PETALING JAYA: The main driver for the depreciation of the ringgit against the US dollar is the expectation that interest rates in the US are set to b...

PETALING JAYA: The main driver for the depreciation of the ringgit against the US dollar is the expectation that interest rates in the US are set to be higher than that in Malaysia, said Bank Islam M… [+4482 chars]

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