Malaysian ringgit may strengthen if Kamala Harris wins US election, analysts say

Mary Alavanza
Thu, 31 Oct 2024 05:05:26 +0000
Business, Malaysia economy, Malaysian ringgit, ringgit

The Malaysian ringgit is set for its worst month in over nine years, dropping more than 6% against the US dollar this October as investors turn cautious before the US presidential election. According to Bloomberg, on Wednesday (Oct 30), the ringgit was trading at 4.39 per dollar, marking its biggest monthly fall since August 2015. …