Don’t Underestimate Trump Factor On MYR
The ringgit depreciated for a fourth consecutive week, erasing its September gains and touching the 4.35/USD mark, as anticipated says Kenanga Investment Bank in its previous FX report. This downtrend reflects a stronger USD, with the USD index surpassing 104.0 and the 10-year US Treasury yield climbing above 4.2%, as investors de-risk ahead of the […]