Interpret the performance of the ringgit against the US Dollar from 1995 to 2023: The Exchange Rate and the Malaysian Economy, Case Study, UM, Malaysia
| University | Universiti Malaya (UM) |
| Subject | The Exchange Rate and the Malaysian Economy |
QUESTION 1
Interpret the performance of the ringgit against the US Dollar from 1995 to 2023 (Refer to Figure 1).
QUESTION 2
Why do you think that the recent depreciation of the ringgit was driven by the
strengthening of the US Dollar from 2022 to 2023? (Support your justification from a report, journal, or any relevant information)
QUESTION 3
Interpret the performance of major and regional currencies against the US Dollar in 2022 (Refer to Figure 2).
QUESTION 4
If the depreciation in Ringgit is prolonged, what will be the expected impact on the winners and losers industry in the domestic economy in Sabah? (Support your justification from a report, journal, or any relevant information)
QUESTION 5
Do you agree to peg the Ringgit to prevent it from falling further? if not then why not?.
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