Tag Archives: Malaysian currency value

August 10

MIDF: Ringgit won’t touch RM4 to US dollar

Despite the sudden fall in the Malaysian currency value in recent weeks, due to falling global crude oil prices and an impending rate hike by the US Federal Reserve, the ringgit should not touch the RM4 mark against the greenback. MIDF Research said in a note today that it expects the ringgit will be range-bound […]