Let's have common East Asian currency based on gold, says Dr M


TOKYO: Malaysia is proposing a new currency based on gold as it is more stable as opposed to the current currency trading which is manipulative, says Prime Minister Tun Dr Mahathir Mohamad.

He said by using the precious metal, it could be used to evaluate the exports and imports activities among the East Asian countries.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Mahathir , currency , gold

Next In Business News

The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming

Others Also Read