As ringgit strengthens against US dollar, some Malaysian furniture exporters remain unfazed
Government
One exporter said a 19 per cent US tariff has given Malaysian products an edge over Chinese goods, which face duties of at least 25 per cent. KUALA LUMPUR: The Malaysian ringgit on Tuesday (Jan 27) broke the threshold of 4.0 against the United States dollar, marking its strongest level in more than seven years as it continues a broader rally driven by domestic fundamentals and global market shifts. The ringgit further surged to 3.9175 against the greenback on Wednesday at 6pm. It opened at 3.
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