• 09/21/2024

MYR Likely Has Room to Weaken Further

Wall Street Journal

MYR likely has room to weaken further, Goldman Sachs said, noting Malaysian exporters may be hoarding USD, which means Malaysia’s current-account surplus isn’t necessarily being converted into local currency strength.

https://www.wsj.com/articles/yen-strengthens-after-japan-inflation-quickens-more-than-expected-eb6d003b