Better for ringgit to rise gradually rather than skyrocket


Rather than being so fixated on the ringgit’s level against the greenback, it would serve the government well to focus on the work that lies ahead.

BARELY a month ago, the ringgit was riding high, earning its ranking as the world’s best-performing currency.

It had climbed up from being one of the worst, so the hype surrounding its spectacular rise to RM4.10 against the US dollar was understandable.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Inflation rises slightly in October
RHB, CGC in LCTF portfolio guarantee deal
Affin Bank 3Q earnings jump 45%
Allianz quarterly top line climbs 10%
Lagenda Properties' unit secures contract worth up to RM99.6mil
Icon Offshore secures four key agreements to drive portfolio growth and expansion
RHB, CGC ink Malaysia’s first LCTF portfolio guarantee agreement, valued at RM400mil
Solarvest secures RM142mil solar EPCC contract in Kedah
Allianz Malaysia posts 7.4% lower earnings of RM183.17mil in 3Q
Tex Cycle eyes M&A, ESG market expansion

Others Also Read