# Govt seeking to resolve ringgit's depreciation issue - Dr M

> Prime Minister Mahathir said the government will seek ways to resolve the ringgit's depreciation, which he partly blamed on devaluation by certain parties. A Emir Research survey found Malaysians' National Worry Index at its maximum level, with cost of living the top concern.

- Date: 2019-11-30 · published 2019-11-30T12:00:00.000Z
- Category: macro · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/56343-govt-seeking-to-resolve-ringgit-s-depreciation-issue-dr-m
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Government focus on the ringgit signals possible policy steps, but no immediate change to the currency's weakness that raises import costs.

## Read by commodity

- USDMYR: bullish ▲

## Sources

- theleaders-online.com: https://theleaders-online.com/govt-seeking-to-resolve-ringgits-depreciation-issue-dr-m/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.