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US interest rate hike expectation causing ringgit slide, says Najib

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US interest rate hike expectation causing ringgit slide, says Najib

T
The Star

2 Views • Aug 14, 2020

Description

Prime Minister Najib Tun Razak told the Dewan Rakyat on Monday that the main cause of the ringgit's slide is the U.S. interest rate hike expectation besides significant foreign holdings of Malaysian bonds.