News: Ringgit hits 28-month high of 4.2025 against USD

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5 comment(s). Last comment by Sslee 2 hours ago

ahbah

6,205 posts

Posted by ahbah > 6 hours ago | Report Abuse

Our strong Ringgit will benefit stocks dealing with import business like Bauto ?

qqq47660

8,926 posts

Posted by qqq47660 > 4 hours ago | Report Abuse

Strong ringgit only means go overseas more often

qqq47660

8,926 posts

Posted by qqq47660 > 4 hours ago | Report Abuse

Surging ringgit...now voting ph?

speakup

26,743 posts

Posted by speakup > 3 hours ago | Report Abuse

strong ringgit no point lah when price of goods & services in malaysia never get cheaper!

Sslee

6,129 posts

Posted by Sslee > 2 hours ago | Report Abuse

Those export oriented industries will have a very bad quarter because receivables and sales in USD but cost in MYR.

Need some time to pass down the cost increase to customers if customers agree to cost increase or customers could buy from other cheaper cost countries.

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