Hi! Welcome Back and Stay Tune! Ringgit falls to one-year low as Muhyiddin’s resignation as PM looms - Mukah Pages : Media Marketing Make Easy With 24/7 Auto-Post System. Find Out How It Was Done!

Ringgit falls to one-year low as Muhyiddin’s resignation as PM looms

Mimi Sabreena 10:45:00 AM Sensasi

A Malaysian ringgit note is seen in this illustration photo June 1, 2017. — Reuters pic

SINGAPORE, Aug 16 — The Malaysian ringgit fell to a one-year low on Monday and stocks in Kuala Lumpur slipped as an expectation that the prime minister will resign turned investors cautious.

Malaysian Prime Minister Tan Sri Muhyiddin Yassin is expected to step down on Monday, media reports say, after losing his majority in Parliament.

The ringgit last traded at 4.2410 per dollar, its lowest since July 2020, while the FTSE Bursa Malaysia index fell 0.6 per cent in the first few minutes of trade. — Reuters

✍ Credit given to the original owner of this post : ☕ Malaysians Must Know the TRUTH

🌐 Hit This Link To Find Out More On Their Articles...🏄🏻‍♀️ Enjoy Surfing!

No comments

Comments are welcome and encouraged on this site. Comments deemed to be spam or solely promotional will be deleted. Including link to relevant content is permitted, but comments should be relevant to the post topic.

Comments including profanity and containing language that could deemed offensive will also deleted. Please respectful toward other contributors. Thank you.