Currency Prospects of Malaysian Ringgit - Current and Future Outlook on the Basis of Malaysian Economy

Abstract

This study is done to explore the Malaysian Ringgit Current and Future Outlook on the basis of current economic, political and geographical features of Malaysia. This study has been mostly focuses on Current Economic and Political situation of Malaysia. How was Malaysian economy in the past and how it has been changing its shape? as well as political situation of Malaysia is also being considered. On the basis of basic descriptive of US Dollar to Malaysian Ringgit Exchange Rate we can easily see that Ringgit is in pressure for last 3 years, although last year recovered a bit but that was a short recovery after which it went again into pressure of weakening.

Keywords: Malaysian Ringgit, International Finance, Exchange Rate, Currency Prospects