How low can the Malaysian Ringgit go against the US Dollar?

Name: How low can the Malaysian Ringgit go against the US Dollar?
SKU: 1485
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€30.00

US interest rates are set to sky rocket and open, small countries like Malaysia will have their currencies and their economies on the sharp point. How low can the Ringgit go in such a scenario?

Categories: Foreign Exchange, Malaysia

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It’s here again! The US is staring at another stagflation (stagnant growth with high inflation) period. The last one was in the 1970s that lasted into the 1980s and was fought by stratospheric US interest rate levels. That, of course, means that if the strategy is used again for this episode, other currencies against the US dollar will skydive. How low can the Ringgit go?