F0114: The Ringgit Blues - Financial Experts Hann and Sani discuss the declining ringgit, Bank Negara Malaysia's intervention, and more.
The Futurizts Podcast di Shinji Ong
Note sull'episodio
- How does the ringgit’s decline affect citizens, apart from seeing import prices go up?
- What are the reasons for the ringgit's decline? Why has it experienced such a significant drop not only against the US dollar but also against other major currencies?
- Many people are attributing the ringgit’s weakness to the lack of action from Bank Negara Malaysia. What measures could BNM undertake in this situation?
- Raising the OPR by a fair margin in order to “catch up” with other central banks and strengthen the ringgit is definitely something to consider. But wouldn't such OPR hikes further burden citizens, as what we are currently witnessing?
- BNM recently announced its intention to intervene in the currency market to halt the devaluation of the ringgit. How effective is this approach? Is it possible for the ringgit to ...
Parole chiave
cryptocurrencies