The Afternoon Update with Lynlee Foo

Money in the Market: Will the Malaysian ringgit breach its lowest level, hit back in 1998?


Listen Later

The Malaysian ringgit has continued its slide, with most recently hitting its lowest level since 1998. The recent weakness in the ringgit was partly due to the soft economic expansion reported last week, whereby annual gross domestic product growth for 2023 missed the official forecast, also driven by China’s sluggish economy hurting exports in the country. But some say it is doubtful that it will breach its record low, hit back in 1998. On Money in the Market, Hongbin Jeong speaks to Lim Jun Kit, Strategist, Phillip Nova, to find out more about the outlook of the ringgit. 

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

The Afternoon Update with Lynlee FooBy MONEY FM 89.3


More shows like The Afternoon Update with Lynlee Foo

View all
WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,362 Listeners

Behind the Money by Financial Times

Behind the Money

225 Listeners

The Straits Times Podcasts by The Straits Times

The Straits Times Podcasts

10 Listeners

BT Money Hacks by The Business Times

BT Money Hacks

0 Listeners

FT News Briefing by Financial Times

FT News Briefing

686 Listeners

Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek by MONEY FM 89.3

Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek

0 Listeners

Money Matters with Hongbin Jeong and Chua Tian Tian by MONEY FM 89.3

Money Matters with Hongbin Jeong and Chua Tian Tian

0 Listeners

Your Money with Michelle Martin by MONEY FM 89.3

Your Money with Michelle Martin

1 Listeners

Pekingology by Center for Strategic and International Studies

Pekingology

130 Listeners

The Business Times Podcasts by The Business Times

The Business Times Podcasts

0 Listeners

WealthBT by The Business Times

WealthBT

0 Listeners

The Rest Is Politics by Goalhanger

The Rest Is Politics

3,288 Listeners

Headstart On Record by The Straits Times

Headstart On Record

0 Listeners

Money Talks by CNA

Money Talks

1 Listeners

BT Correspondents by The Business Times

BT Correspondents

0 Listeners