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The United States has been making aggressive interest rate hikes to fight inflation. Some suggest that the Bank Negara Malaysia (BNM) should not increase the

The United States has been making aggressive interest rate hikes to fight inflation. Some suggest that the Bank Negara Malaysia (BNM) should not increase the overnight policy rate as weaker ringgit can stimulate exports and increase the trade balance. Explain briefly how would a weaker ringgit impact this project and the foreign direct investment (FDI) in Malaysia in general.

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