Ringgit strengthens amid US dollar weakness due to tariff concerns

Micllavier Pangan
Thu, 06 Mar 2025 12:13:26 +0000
International, Malaysia, Malaysian ringgit, Trump's tariff, U.S. dollar

MALAYSIA: In recent weeks, the Malaysian ringgit has appreciated against the US dollar, a development largely attributed to escalating tariff tensions initiated by the United States government. These tensions have led to a depreciation of the US dollar, prompting investors to seek alternatives in emerging market currencies like the ringgit. Escalating tariff tensions According to …