Business community hails move to give up ringgit peg


SINCE its implementation seven years ago, the ringgit peg has been the subject of much discussion and of late, talk had evolved around a possible de-pegging to the US dollar.  

Still, many were caught by surprise when the announcement came yesterday. Generally, the business community welcomes the move, hailing it as timely and positive. 

Still, many were caught by surprise when the announcement came yesterday. Generally, the business community welcomes the move, hailing it as timely and positive.

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