Minister: Relying on food imports affects ringgit’s value


  • Nation
  • Tuesday, 14 Feb 2017

KUALA LUMPUR: Over-reliance on food imports could further weaken the ringgit, says Agriculture and Agro-based Industry Minister Datuk Seri Ahmad Shabery Cheek.

“If our currency weakens, the import of food becomes expensive. If we continue to rely on imports to address food shortage, it will cause our currency to continue to fall and food becomes more expensive as a result,” he said.

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