Ringgit will not hit 5.0 against US dollar, says BNM assistant governor

KUALA LUMPUR: The ringgit would not hit the 5.0 level against the US dollar because Malaysia is not experiencing any form of crisis.

Bank Negara Malaysia (BNM) assistant governor (AG) Adnan Mohamad Zahid said the central bank does not see any concerning trends or speculative pressure; thus, the 5.0 level will certainly not happen and is unrealistic.