The Malaysian Ringgit has reached its lowest in the midst of strong dollar and weakened economy since 1998 FInancial crisis in Asia. The Ringgit was placed in a difficult situation as well as other emerging market assets since Trump won the November 8 U.S. Presidential election. Even before the election, the currency is already under tension relative to low oil prices and worsen by the political scandal regards to the country’s diverted funds.
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