Loading…
Prime Minister Mahathir Mohamad said there is no need to peg the ringgit for now, though the government will study it as an option. He also said the government is considering cashless measures or currency changes to combat corruption, and the ringgit traded near 4.018 per dollar.
Speculation about a ringgit peg adds currency uncertainty for Malaysian feed importers, though no policy change has been made.
freemalaysiatoday.comFMT ReportersJun 26, 2018Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
