Ringgit for ringgit plan to boost trade on KLSE


  • Business
  • Thursday, 19 Jun 2003

AN AMBITIOUS plan to attract foreign funds to the KLSE, with the government or government-linked institutions matching ringgit for ringgit all investments by foreign fund managers in the capital market, could be rolled out within the next six months. 

Securities Commission (SC) chairman Datuk Ali Abdul Kadir said yesterday details of this plan were currently under discussion between the SC and the government. 

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