Not right time for stronger ringgit


Alliance Bank Malaysia Bhd chief economist Manokaran Mottain said that a stronger ringgit will only lead to more fund outflows.

PETALING JAYA: Prime Minister Tun Dr Mahathir Mohamad’s latest comment on the ringgit has raised questions on whether a stronger ringgit is on the cards.

On Nov 30, Dr Mahathir hinted at resolving the weak ringgit trend, which he said was one of the reasons behind rising cost of living.

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