Finance Minister II: The Malaysian Ringgit is 1st Place Compared to 9 Regional Countries

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Finance Minister II Datuk Seri Amir Hamzah Azizan has revealed that the Malaysian Ringgit is the top performer in the region compared to 9 other countries.

Speaking in the Dewan Negara, Amir Hamzah said that the Ringgit was in 1st place compared to the 9 regional countries after the implementation of coordination measures between the Federal Governmetn, Bank Negara Malaysia , government-linked investment companies and government-linked companies on 26 February.The Finance Minister II was responding to YB Senator Tuan Nik Mohamad Abdul bin Nik Abdul Aziz who asked about the short term strategy by the Finance Ministry to address the falling Ringgit.

He elaborated that BNM always ensures that the domestic foreign exchange market remains orderly and maintains financial stability.

 

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