Ringgit's Fortunes Tied to Oil

Vishnu Varathan, Head of Economics & Strategy, Mizuho Bank

23-Apr-20 08:30

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With oil prices falling, it would seem a good time to buy but Vishnu Varathan, Head of Economics & Strategy at Mizuho Bank says the only buyer might be China and with their recovery uncertain, low prices are set to stay. He however warns that this is bad for the Ringgit as we are still a net energy exporter.

Produced by: Michael Gong

Presented by: Lyn Mak, Wong Shou Ning

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Categories: Business Analysis, Trends and Forecasts, Markets, Politics, Social Issues, Investments

Tags: oil, WTI, Brent, jobs, US, Europe, Asia, China, Indonesia, currencies, pandemic, ,

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