What implications does the one MDB story have for global markets?
1MDB Committed to Ending Spat With Abu Dhabi
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The transcript discusses the ongoing financial dispute involving 1MDB and IPIC, highlighting the complexities of their financial arrangements and the impact on global markets. It explores the correlation between the Malaysian ringgit and oil prices, noting the currency's volatility and potential for appreciation. The discussion also touches on political implications and market contagion concerns.
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OPEN ENDED QUESTION
3 mins • 1 pt
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2.
OPEN ENDED QUESTION
3 mins • 1 pt
What was the performance of the ringgit in the first quarter compared to the second quarter?
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