IMF supports our currency move, says PM

Top guns: Najib (right) sharing a light moment with other leaders including US President Barack Obama at the Lima Convention Centre in Peru. — Bernama

LIMA (Peru): The International Monetary Fund (IMF), supportive of Malaysia’s currency move, has acknowledged that the ringgit’s current volatile movement is beyond the country’s control.

IMF managing director Christine Lagarde conveyed her views on the matter to Datuk Seri Najib Tun Razak during an unofficial dialogue held on the sidelines of the Apec Economic Leaders Meeting on Sunday.