Weaker Ringgit Good For Economy, Says Economist
Dr Shane Oliver, head of investment strategy and chief economist at AMP Capital, believes the depreciating Ringgit is positive for the local economy.
As Ringgit continues to slide, Malaysia’s economy is mired in pessimism and uncertainty . Find out how the weakening Ringgit affects you and what you can do to protect yourself and your finances!
Dr Shane Oliver, head of investment strategy and chief economist at AMP Capital, believes the depreciating Ringgit is positive for the local economy.
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The Ringgit hits a six-year low amid concerns over possible rating downgrades of Malaysia’s debts.
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The weakening Ringgit is worrying but it’s not that bad. Here are some industries that can potentially thrive amidst the Ringgit slump.
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