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Rafizi: Ringgit depreciation caused by global economic uncertainty

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Economy Minister Rafizi Ramli attributes ringgit's depreciation to global economic uncertainty, leading to surging demand for safe-haven assets such as gold and US dollars.

Factors like the bankruptcy of Silicon Valley Bank, US Congress conflict over debt ceiling, and federal spending cuts contribute to the prevailing uncertainty.

Video source: https://www.facebook.com/rafiziramli.keadilan/videos/632615408447759
Category
TV Saluran - TV Channel
Tags
kinitv, malaysia, politics
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