Pegging the ringgit against market forces may further hurt our growth in the long run.
THE ringgit is experiencing a historic low in value but should we consider pegging it as an option? Or is the ringgit actually at its fair value?
The current depreciation of the ringgit presents a dual scenario. On one hand, it can benefit exporters, on the other, the low value may be unfavorable due to our reliance on high-import materials.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
