Better for ringgit to rise gradually rather than skyrocket

Rather than being so fixated on the ringgit’s level against the greenback, it would serve the government well to focus on the work that lies ahead.

BARELY a month ago, the ringgit was riding high, earning its ranking as the world’s best-performing currency.

It had climbed up from being one of the worst, so the hype surrounding its spectacular rise to RM4.10 against the US dollar was understandable.