KUALA LUMPUR: The ringgit yesterday surpassed the psychologically important mark of RM4.60 to the US dollar.
This brings the currency closer to its all-time historical low of 4.885 per US dollar in 1998, during the Asian Financial Crisis and just prior to when the then Prime Minister Tun Dr Mahathir Mohamad announced capital controls and also, the RM3.80 peg on the ringgit.
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!