KUALA LUMPUR, March 18 — The recent depreciation of the ringgit was largely driven by the strengthening of the United States dollar (USD) and the uncertainty of China’s economic growth, according to the Finance Ministry (MOF).
KUALA LUMPUR, May 26 — A strong US dollar will likely continue in the near future and economies need to brace for another round of rough currency market as heightened risks would lead to a flight to safety phenomenon globally.
KUALA LUMPUR, Feb 17 — The depreciation of the ringgit is more driven by the global phenomena and market influences, the Ministry of Finance (MOF) said.
KUALA LUMPUR, Oct 3 — There is no need to hoard or frontload US dollar purchases as while the current depreciation of the ringgit is due to the strength of the US dollar, corporate Malaysia can help in maintaining orderly market conditions by taking actions which do not exacerbate the situation, said Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus.
KUALA LUMPUR, June 2 — Worries from the international investor community are among the temporary factors contributing to the depreciation of the ringgit at the moment, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.