New All Time Lows for Ringgit

Nazmi Idrus, Head of Economics, CGS-CIMB Securities

24-Oct-23 07:45

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Despite inflation declining to 1.9% in September and the economy accelerating to 3.3% in the third quarter of 2023, the Ringgit continues to weaken. We ask Nazmi Idrus, Head of Economics, CGS-CIMB Securities the reasons for this weakness ad his expectations at the next BNM MPC meeting.

Image credit: Shutterstock.com

Produced by: Moh Heng Ying

Presented by: Shazana Mokhtar, Wong Shou Ning

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Categories: economy

Tags: ringgit depreciation, declining inflation, q3 2023,

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