US light crude oil had fallen from nearly US$100 per barrel from July 2014 to just below US$45 at midday on Monday.
He also reiterated the government did not have plans to impose capital controls. The ringgit had weakened against the major currencies and recently it hit fresh 1998 lows against the US dollar.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
