January 12, 2021
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“Malaysia” faces currency – Malaysian stock market falls After declaring a state of emergency until Aug. 1 to control COVID-19.
Stock market andRinggit Malaysia’s fall today After Malaysia’s King Sultan Abdullah Ahmad Shah declared a state of emergency nationwide until Aug 1, with the aim of allowing the government to postpone elections during the period.Malaysia FacingCOVID-19 That spread heavily
Shortly after the Malaysian Palace Bureau issued a statement, the Malaysian stock market FBMKLCI tumbled approximately 1.45 percent, while the ringgit currency slowed from a $ 4.072 high.
Malaysia’s Bureau of the Royal Household issued a statement today that “His Majesty the King has the mandate to declare a state of emergency at a time when the Malaysian government has to deal with the COVID-19 epidemic.”
The statement said emergencyIt will run until Aug. 1 or ends sooner. This will depend on the situation in which COVID-19 is spread.
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