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Weakening ringgit may drive up vehicle prices

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Weakening ringgit may drive up vehicle prices

A
Astro AWANI

1 Views • Dec 06, 2017

Description

According to the Malaysian Automotive Association (MAA) a weakening ringgit may drive up foreign car prices in Malaysia due to costlier US dollar-denominated automotive component imports,

MAA President Datuk Aishah Ahmad said that car companies might hike prices to maintain their bottom lines,

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