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PM: Investors recognise Malaysia's economic, financial fundamentals


  • Economy
  • Tuesday, 23 Jan 2018

Datuk Seri Najib Tun Razak says Malaysia, he said, has enjoyed years of strong growth – with figures that most developed economies could only dream of – even during times of global economic turmoil and uncertainty.

Datuk Seri Najib Tun Razak says Malaysia, he said, has enjoyed years of strong growth – with figures that most developed economies could only dream of – even during times of global economic turmoil and uncertainty.

KUALA LUMPUR: The stronger ringgit indicates positive sentiment among investors and a recognition of Malaysia’s excellent economic and financial fundamentals, says Datuk Seri Najib Tun Razak.

The Prime Minister said on Tuesday the ringgit appreciated by 10.4% against the US dollar in 2017. On Jan 5, 2018, it closed at a 17-month high, breaking the four dollar psychological barrier.

Delivering his keynote address at the Invest Malaysia, he said while one factor was also due to the recovery in crude oil prices, the stronger economic fundamentals speak for themselves.

Economy , Markets

   

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