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Ringgit depreciation against dollar due to uncertainties in US, says Rafizi

Published on 31 May 2023 6:49:14 PM

Rafizi Ramli said the recent depreciation of the Malaysian ringgit against the US dollar could be traced back to the uncertainties in the United States beginning in February.

The Economy Minister added that the nation's economic fundamentals remain strong, expressing cautious optimism that the situation would stabilise in the coming months.

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