Effect of lower Ringgit on the Malaysian economy

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    Profile photo of Betty Cheng
    Betty Cheng


    I need to know if the fall of the Malaysian Ringgit compared to the US $ is beneficial or detrimental the Malay economy.

    -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

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