PM says ringgit performing well, will strengthen


Prime Minister Najib Razak says the ringgit had performed better than the currencies of many other large commodity exporter countries, and forecasters had predicted that it will regain its strength. – The Malaysian Insight file pic, October 24, 2017.

THE Malaysian ringgit has been performing well and will strengthen, despite remarks by the opposition on its weakening value.

Prime Minister Najib Razak said the ringgit had performed better than the currencies of many other large commodity exporter countries, and forecasters had predicted that it will regain its strength.


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Comments


  • Delusional. The KLSE index, a leading indicator, at 6 months low while other Asian markets are hitting their highs, is predicting a worsening economy. Coupled with raises in US interest rate in December and in 2018, US funds repatriation, lower US tax rates and oil prices remaining as it is, we should not be surprised that by end 2018, the exchange rate will be USD1 = RM5 or worse.

    Posted 6 years ago by Malaysian First

  • You've been saying this stupid things the past 5 years.stop talking rubbish.

    Posted 6 years ago by Ali Along