Government has no plans to peg ringgit to US dollar


KUALA SELANGOR: The Government has no plans to peg the ringgit to the US dollar, like what was done during the Asian financial crisis in 1997.

Second Finance Minister Datuk Seri Ahmad Husni Hanadzlah (pic) said that many currencies have been affected by the appreciating greenback and that Malaysia was confident that the ringgit will stabilise.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

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

Next In Nation

Modi says Malaysia is India's 'trusted partner'
RMAF participation at Singapore airshow earns recognition from PM Lawrence Wong
Malaysia, Saudi Arabia to sign defence cooperation agreement
Public service to go paper-free on Feb 9, says govt chief sec
Scoring of 14 ministries that failed to meet targets set for March 2026
Zamri Vinoth arrested, say cops
Rollout of workers' cross-border protection scheme by end 2026, says Ramanan
UM students reminded to prioritise personal safety, academics ahead of planned march
India's Unified Payments Interface system to enter Malaysian market, says Modi
Single mother likely murdered by jealous person, say Penang cops

Others Also Read