Ringgit has been unfortunate, unfairly assessed vs US dollar -BNM


Bank Negara deputy governor Adnan Zaylani Mohamad Zahid

KUALA LUMPUR: The continued uncertainties over China's economic growth prospects and the recent geopolitical crisis have increased US dollar demand as a safe-haven asset, said Bank Negara Malaysia (BNM) deputy governor Adnan Zaylani Mohamad Zahid.

"Much has been made of the performance of the ringgit against the US dollar. Unfortunately, many see and use this as an indicator or barometer of how we are doing.

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

Next In Business News

Doubts over Viet reform drive
Turning footfall into higher profits
Chinese tea chains pour into US
Capitalising on the tourism momentum
POWERING ASEAN’S DIGITAL GROWTH
More bullishness on Philippine equities
Jobs mantra in Davos
Navigating Fed uncertainty
Indonesia MSCI alert sends ripples to Malaysia
Singapore bets on green growth

Others Also Read