THE ringgit, which is fixed against the US dollar, hasn't fallen enough versus other currencies in Asia to warrant changing the pegged exchange rate, Second Finance Minister Datuk Nor Mohamed Yakcop said in an interview.
Certainly, we have not made a decision to re-peg,'' Nor Mohamed said in Putrajaya on Thursday. While the ringgit is about 5%-7% undervalued'' according to most estimates, it's not significant enough to see the benefit'' of any change in the fixed currency rate.