MASTER Builders Association of Malaysia (MBAM) wants the Government to consider re-pegging the ringgit to a more competitive rate to reflect the currency’s true value.
The re-pegging from the present RM3.80 per US dollar would reduce the import duty on materials, machinery and equipment, it said in a statement issued at an annual dialogue with International Trade and Industry Minister Datuk Seri Rafidah Aziz in Kuala Lumpur yesterday.
