1. A weaker ringgit will hurt companies with large foreign debt, such as Tenaga, as it makes it more expensive for them to service their foreign debt. 2. A weaker ringgit hurts companies such as Tenaga and Telekom by raising the cost of their foreign-currency debt. 3. A weaker ringgit hurts companies with large foreign debts, raising the costs to service the debts. 4. The weakening ringgit also hurt share prices. |
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