Malaysia Group Admins Public Group active 2 weeks, 2 days ago Group for people interested in business in Malaysia. HomeForumMembers 14 Effect of lower Ringgit on the Malaysian economy Tagged: export, import, MYR/USD, Ringgit, trade This topic contains 0 replies, has 1 voice, and was last updated by Betty Cheng 3 weeks, 2 days ago. Viewing 1 post (of 1 total) Author Posts February 28, 2017 at 15:45 #8109 Betty ChengParticipant Hi, I need to know if the fall of the Malaysian Ringgit compared to the US $ is beneficial or detrimental the Malay economy. https://www.bloomberg.com/quote/USDMYR:CUR -positive effects: increase in exports and Foreign Direct Investments that are comparatively cheaper -negative effects: increase in price of imports and Malaysian investments abroad more expensive Does anyone have any data that show if the positive effects are more important than the negative ones? or the contrary? Any other effects of the Rm/US$ rate? Thank you for your input Author Posts Viewing 1 post (of 1 total) You must be logged in to reply to this topic.