Kleptocracy's Ringgit Premium?

16-Oct-17 09:30

Pause
Embed

Despite the relative robustness of the Malaysian economy, the Malaysian ringgit continues to be around its lowest level relative to the US dollar.

Although it has strengthened recently, it is still around 4.2 ringgit to the US dollar, lower than the 3.8 ringgit fixed exchange rate imposed at the height of the Asian financial crisis in 1998.

Now, why is that?

Independent business analyst P. Gunasegaram discusses the possible roll of kleptocracy in the premium on the ringgit and what does the ringgit rate mean for the overall health of the economy.

Presented by: Khoo Hsu Chuang, Sharaad Kuttan

This and more than 60,000 other podcasts in your hand. Download the all new BFM mobile app.

Categories:

Tags: Malaysian Ringgit, Kleptocracy, US Dollar

Today’s Shows

11:00 AM

Best of Enterprise

(REPEAT) Kiron Kesav, Chief Strategy Officer at PHD APAC, OMG Malaysia On how Key Opinion Leaders (KOLs) influence consumer trust, green marketing, and the rise of authenticity in sustainable fashion branding.

12:00 PM

BBC World Service

(REPEAT) This episode focuses on H5N1 bird flu cases with deaths rising sharply in Cambodia, raising concern among experts.

1:00 PM

A Bit of Culture

(REPEAT) This week, Kam Raslan, Sheryll Paul and Sudais Ferhard talk about fitness classes, actors speaking in foreign accents, and physical media.

2:00 PM

Ringgit & Sense

(REPEAT) Siew Yuen Tuck, CEO of Ringgitplus discusses the financial literacy and consumer behavior in Malaysia.

2:30 PM

The Property Show

(REPEAT) Cha-ly Koh, CEO of Urbanmetry, discusses how to design a walkable city and prioritise public transport under the KL Local Plan 2040.

3:00 PM

Best of The Bigger Picture

(REPEAT) We speak to Dr Peter Selzak about what being the descendant of holocaust survivors taught him about how to view the Zionist project of the State of Israel, how antisemitism is being weaponised by the right-wing and more.

4:00 PM

Best of Evening Edition

(REPEAT) This week on Good Things, we hear from Cikgu Rahayu about the fight to protect stateless children—and how Yayasan Chow Kit is helping them find a place to call home.

5:00 PM

BBC World Service

This episode of People Fixing The World invites us to rethink our ways of dealing with food waste, speaking to people who are trying alternative ways to tackle the problem.

PROGRAMMES