Question The Malaysian Ringgit experienced a significant depreciation against the US Dollar and the Singapore Dollar over the past few months. a. Provide your analysis on the depreciation of the Ringgit based on the data balance of payments Q4 2021 and Q1 2022. b. Explain the implications on Malaysia's foreign trade.
Question The Malaysian Ringgit experienced a significant depreciation against the US Dollar and the Singapore Dollar over the past few months. a. Provide your analysis on the depreciation of the Ringgit based on the data balance of payments Q4 2021 and Q1 2022. b. Explain the implications on Malaysia's foreign trade.
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter34: International Finance
Section: Chapter Questions
Problem 3QP
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![Question
The Malaysian Ringgit experienced a significant depreciation against the US Dollar and the
Singapore Dollar over the past few months.
a. Provide your analysis on the depreciation of the Ringgit based on the data
balance of payments Q4 2021 and Q1 2022.
b. Explain the implications on Malaysia's foreign trade.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9dca6668-caac-466f-aa28-d846d69aead0%2F82b12563-7161-470d-b33d-36b2eb93dcd0%2Fvmnsvz8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question
The Malaysian Ringgit experienced a significant depreciation against the US Dollar and the
Singapore Dollar over the past few months.
a. Provide your analysis on the depreciation of the Ringgit based on the data
balance of payments Q4 2021 and Q1 2022.
b. Explain the implications on Malaysia's foreign trade.
![BALANCE OF PAYMENTS Q4 2021 AND Q1 2022
CURRENT ACCOUNTS
Q4 2021
GOODS AND SERVICES
GOODS
51761
SERVICES
-15426
PRIMARY INCOME
-19639
SECONDARY INCOME
-1363
CAPITAL AND FINANCIAL
ACCOUNTS
CAPITAL ACCOUNT
-298
FINANCIAL ACCOUNT
DIRECT INVESTMENT
10530
INVESTMENT PORTFOLIO
2562
FINANCIAL DERIVATIVES
-1806
OTHER INVESTMENTS
-10623
ERRORS AND ABANDONS
-13133
BALANCE
2564
Q4 2021
40549
-14982
-20135
-2450
-86
20762
-10084
173
19598
-20594
12751](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F9dca6668-caac-466f-aa28-d846d69aead0%2F82b12563-7161-470d-b33d-36b2eb93dcd0%2F0qfeo3_processed.png&w=3840&q=75)
Transcribed Image Text:BALANCE OF PAYMENTS Q4 2021 AND Q1 2022
CURRENT ACCOUNTS
Q4 2021
GOODS AND SERVICES
GOODS
51761
SERVICES
-15426
PRIMARY INCOME
-19639
SECONDARY INCOME
-1363
CAPITAL AND FINANCIAL
ACCOUNTS
CAPITAL ACCOUNT
-298
FINANCIAL ACCOUNT
DIRECT INVESTMENT
10530
INVESTMENT PORTFOLIO
2562
FINANCIAL DERIVATIVES
-1806
OTHER INVESTMENTS
-10623
ERRORS AND ABANDONS
-13133
BALANCE
2564
Q4 2021
40549
-14982
-20135
-2450
-86
20762
-10084
173
19598
-20594
12751
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