Malaysia’s Economy is Falling: A Big Win for Tourists for Cheap Vacations
Malaysia, the Southeast Asian country known for its diverse culture and natural beauty, has been experiencing a sharp economic downturn in recent years, due to the impact of the COVID-19 pandemic, the political instability, and the low commodity prices. The Malaysian ringgit, the national currency, has depreciated by more than 20% against the US dollar since 2019, reaching its lowest …