Look To The Yuan For Ringgit Direction
Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank
13-May-24 07:00
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The Malaysian Ringgit has depreciated against the US dollar on year to date basis but not as severely as other currencies. Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank tells us what are the correlations to pay attention to when looking at Asian currencies and if the Federal Reserve is too stubborn for their own good.
Image Credit: Shutterstock.com
Produced by: Wong Shou Ning
Presented by: Wong Shou Ning, Keith Kam
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Categories: markets, economy, politics, international, government
Tags: federal reserve, yuan, ringgit malaysia, us dollars, ringgit depreciation, asian currencies,