There is no need to continue depending on US$ in investments - PM

KUALA LUMPUR: There is no reason for a country like Malaysia to continue to depend on the US dollar in attracting investments into the country, said Prime Minister Datuk Seri Anwar Ibrahim today.

He said negotiations between Malaysia and other countries should use the currencies of both countries. According to him, Bank Negara Malaysia has also made a proposal to pioneer the said method in matters of trade during visits to China using ringgit and renminbi.