MATRADE Organises Talk to Address the Impact of Ringgit's Volatility to Exporters
TUESDAY, AUGUST 4, 2015 KUALA LUMPUR: In an effort to create more awareness on the impact of exchange rate volatility to Malaysian exporters, Malaysia External Trade Development Corporation (MATRADE) organises a talk titled “Economic Outlook and The Impact of Exchange Rate Volatility” at MATRADE Exhibition and Convention Centre in Kuala Lumpur.
The talk aims to provide accurate information on the issue and to equip Malaysian businesses with the knowledge to mitigate the risk when dealing with challenges arising from the fluctuation of Ringgit. Over the recent months, Ringgit has been facing high volatility, falling to a midyear low against the US Dollar. To some businesses especially those dealing primarily with exports, may stand to gain from the current situation. However, the overall macroeconomic impact may tell a different story.
The talk benefits business community namely exporters, importers, traders, SMEs, MNCs and Mid-Tier Companies in finding ways to sustain their business competitiveness in the current economic landscape. Business Associations, Chambers of Commerce, Officials from Ministries and Government Agencies too, will gain from attending the event.
At the event, the participants are exposed to global and domestic economic developments, the trends in Ringgit and currency trading and its macroeconomic and microeconomic impacts. They will also get the opportunity to have a discussion with the expert.
Speaking at the talk is economist and Head of Research at RAM Rating Services Bhd Kristina Fong who will also be presenting the outcome of an analysis on currency fluctuations’ risk assessment.
More information on the talk is available on MATRADE’s portal www.matrade.gov.my. For any enquiries, email to This email address is being protected from spambots. You need JavaScript enabled to view it..
