Ringgit & Asia FX Fall: US Dollar Demand Surges
The Ringgit’s Volatility: A Harbinger of Broader Emerging Market Currency Shifts? A staggering 78% of global fund managers now anticipate further US dollar strength in the coming quarter, according to the latest Bank of America survey. This sentiment is directly impacting regional currencies, including the Malaysian Ringgit, which recently breached the psychological RM3.90 barrier against … Read more