Khazanah: Low crude oil prices, weaker ringgit have advantages


Khazanah Nasional managing director Tan Sri Azman Mokhtar

KUALA LUMPUR: Sovereign wealth fund Khazanah Nasional Bhd said low crude oil prices as well a weaker ringgit has its advantages and disadvantages. 

"Crude at US$50 or below is not good for the country obviously, but there is also a flipside to it. For example, Khazanah companies that are consumers of oil and gas like Tenaga and Malaysia Airlines, they actually benefit in that sense. 

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