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Malaysia's ringgit weakens further amid local risks, global uncertainity

Malaysia's ringgit weakens further amid local risks, global uncertainity
Credit: Canva

Malaysia’s ringgit continues to weaken against the U.S. dollar as local economic risks and global uncertainty weigh on the currency.

Analysts point to rising domestic fuel prices, volatile market conditions, and geopolitical tensions that have pushed investors toward safe-haven assets.

Authorities are monitoring the foreign exchange market to maintain stability, while officials remain cautiously optimistic about Malaysia’s long-term economic resilience.

Tags: ringgit

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