
What’s driving the Ringgit’s weakness despite current account surpluses? And can reforms help stabilize it?
Pranav Rao speaks with Chan Kok Peng, who highlights key factors behind the Ringgit’s decline:
• Aggressive currency interventions signaling fundamental weakness
• Dwindling structural support from the current account
• Rising domestic shift to foreign currency deposits
Plus, a look at potential long-term reforms to support Malaysia’s balance of payments.
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Chan Kok Peng - http://on.skr.ma/3Umvq5i
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