1MDB disappointed with Zeti's remark on ringgit

KUALA LUMPUR: 1Malaysia Development Bhd has expressed disappointment with Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz who apparently singled out the strategic development company for the ringgit's weakness.

The weakness of the ringgit and other currencies is due to the abrupt fall in oil prices, expectation of rising US interest rates and global economic slowdown in emerging markets, it said in a statement on Tuesday.