KUALA LUMPUR: A stronger ringgit is not seen as an impediment to trade growth, as the government still forecasts it to grow from its present record levels by up to another 5% in local currency terms this year.
The increasing value-added nature and complexity of export products is seen to help sustain export competitiveness and its appeal, even as the local currency continues to recover to its historical mean levels, said Deputy Investment, Trade and Industry (Miti) Minister Sim Tze Tzin.
