Ringgit developments will not hurt economic growth prospects - PM Anwar


KUALA LUMPUR: Developments with the ringgit are not expected to affect the country's economic growth prospects, according to Prime Minister Datuk Seri Anwar Ibrahim.

He said the performance of the ringgit and other regional currencies continued to be driven by external factors, especially the expectation that US interest rates would remain high for a long period as well as geopolitical factors.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Light at the end of the tunnel
Understanding the warrant of distress
Are convention halls still good investments?
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
Strong momentum seen for Vietnam equities
Asset managers in risk-on mode
Rising DRAM prices may hit consumers
Asia-Pacific ratings hold firm
HK’s lure for key IPO investors
Fewer stocks spur IPO hunt

Others Also Read