The Malaysian ringgit (MYR) has experienced a significant turnaround in 2024. Currently, the U.S. dollar (USD) to MYR exchange rate stands at 4.12, an unusual level for the MYR, which traditionally tends to depreciate against the USD. This recent surge in strength is not attributable to a single factor but is instead the result of […]

source: https://thefinance.sg/2024/09/27/whats-behind-the-malaysian-ringgits-strength-in-2024/