Dr M says re-pegging the ringgit is one way to stabilise it


PUTRAJAYA: The ringgit has weakened despite strong economic fundamentals and Tun Dr Mahathir Mohamad says political factors may have played a part.

“We are told that our economic fundamentals are strong but the ringgit is declining in value; it could have been caused by politics,” the former prime minister said.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Government , tun dr mahathir , ringgit

Next In Nation

Missing actress: Husband seeks government assistance to expedite Nadia Kesuma search process
Environs Ministry to enhance disaster early warning system
Follow the president, not get influenced by other parties, Umno told
Umno must improve approach to attract young voters, says delegate
Development could erode majority status of constituencies, careful redelineation needed, says Penang Umno delegate
Campaign tempo expected to pick up as Kinabatangan, Lamag by-elections reach midway point
Reinstate caning as disciplinary measure in schools, says Umno delegate
Police receive report on missing actress Nadia Kesuma in Jeddah
Moderate earthquake hits Seram, Indonesia, no tsunami threat to Malaysia
Mother-daughter killed in motorcycle-car collision near Seremban

Others Also Read