remove_action('wp_head', 'wp_generator'); Koperasi Az Zahabi Selangor Berhad

Ringgit rout

Large foreign holdings of bonds make Malaysia highly vulnerable to capital flight, while weak fiscal position and political turmoil add to risk.

Bangkok Post Pathom Sangwongwanich

A perfect storm is forming around the Malaysian ringgit, as its value remains at risk from a protracted economic slump aggravated by a domestic political scandal and the prospect of rising US interest rates.

But the distress does not stop there, as a currency sell-off in Malaysia could have a contagious financial spillover on neighbouring economies, sparking capital outflows and compounding financial volatility.

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