Socioeconomic Insight No.1 / 2022: Weakening Value of The Ringgit & Rising Food Prices

Due to the tightening of the US monetary policy, what is happening in Europe and China, 2023 will be a difficult year for the global economy. Malaysia and the world economy would also be impacted by this.

As of 21st September, Malaysian Ringgit (MYR) closed at RM4.56 against the US Dollar (USD)

The value of MYR against USD is the lowest since the Asian Financial Crisis 1998.

The ups and downs of currency values are relative, subject to the current context and factors driving its movement.

Search

Share Article

More Article

Media Release
MEDIA STATEMENT MPDP 3.0 RESEARCH GRANTS UP FOR GRABS 3 MARCH 2025 KUALA...
Media Release
MEDIA STATEMENT MASA COMMITTED TO EMPOWERING BUMI AGENDA TOWARDS A MORE INCLUSIVE FUTURE...
Media Release
MEDIA STATEMENT MASA IN CONJUNCTION WITH INTERNATIONAL ANTI-CORRUPTION DAY 2024 9TH DECEMBER 2024...
Article
By Muhammad Haqimie Aiman Rosli WARISAN budaya bangsa adalah elemen terpenting dalam memupuk...