Companies Urged To Manage Currency Risks Amid Ringgit Movement — Johari KUALA LUMPUR, Feb 4 (Bernama) — Companies must actively manage currency risks through appropriate hedging and business strategies, said Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani. He said fluctuations in the ringgit are a normal market occurrence and part of the broader economic cycle, with their impact differing across sectors depending on business models and market exposure. “While currency movements may create challenges for some, they also present opportunities for others. What is important is for businesses to manage currency risks effectively by adopting appropriate strategies such as hedging, supply chain protection and customer management,” he said. […]

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