KUALA LUMPUR (July 20): AmBank Group Research expects the ringgit to trade between the support level of 4.450 and 4.470 while its resistance is pinned at 4.560 and 4.610.
INFLATION is hitting everyone hard globally, and Malaysians are no exception. From businesses to households and even the government, no one can escape the squeeze from the current spike in inflation.
AT first, governments around the world had sought to fight off the effects of the Covid-19 pandemic by throwing a lifeline to those mostly affected such as the lower-income groups. But then came a bigger challenge –rising inflation, putting an already stressed populace in a difficult position to afford necessities. So more money is being spent on subsidies
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