All eyes on Bank Negara

How much does this get me now?: Eric Tam, 59, exchanging some currency at a money exchange counter at Taman Perling, Johor Baru. — THOMAS YONG/The Star

PETALING JAYA: As the ringgit continues its decline against the US dollar, the focus is now on Bank Negara to come up with remedies to arrest this slide.

Deputy Finance Minister I Datuk Seri Ahmad Maslan said the government was confident in the central bank’s ability and judgment to reign in the ringgit’s slump to RM4.62 to the US dollar yesterday.