Fed’s higher-for-longer narrative has also pressured the RM to trade close to the 4.70/USD threshold. Kenanga said Malaysia’s weaker-than-expected trade figures and China’s worsening economic outlook have further contributed to the depreciation.
Fed’s higher-for-longer narrative has also pressured the RM to trade close to the 4.70/USD threshold. Kenanga said Malaysia’s weaker-than-expected trade figures and China’s worsening economic outlook have further contributed to the depreciation.
