KUALA LUMPUR (Nov 9): Franklin Templeton GSC Asset Management Sdn Bhd said today it is cautiously optimistic Budget 2019 is the short-term reset needed to put the country back on the right footing required to meet the challenges that lie ahead. "As Budget 2019 refocuses the economy, we may see some negative impact in financial markets," its chief executive officer and head of Malaysia fixed income and sukuk Hanifah Hashim said in a statement today.

Higher budget deficit to impact ringgit in short term, Franklin Templeton says - Business News | The Star Online Higher budget deficit to impact ringgit in short term, Franklin Templeton says

KUALA LUMPUR: The government’s higher deficit target announced in the Budget 2019 will make the ringgit susceptible to short-term pressure, says Franklin Templeton GSC Asset Management Sdn Bhd.