THE “breaking point” that would trigger a review of the ringgit peg to the US dollar could be close as the greenback continues to weaken against other world currencies, the Malaysian Institute of Economic Research (Mier) said yesterday.
The think-tank’s executive director Dr Mohamed Ariff Abdul Kareem said this point could be reached before year-end, especially if the Chinese yuan was re-valued, or if the euro continued to strengthen against the dollar.
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