Read the reports, ringgit slide due to policy issues, international constraints, Anwar tells critics

  • Nation
  • Thursday, 01 Jun 2023

PUTRAJAYA: The weakening of the ringgit is due to policy issues and international constraints and not because Malaysia does not have a “full time” Finance Minister as claimed by the Opposition, says Datuk Seri Anwar Ibrahim.

The Prime Minister said those who raised the issue should have studied the matter before making such a suggestion.

“The person should read economic and financial reports, not just reports on PAS,” he said when met after presenting keys to house owners of the Dalur civil servant housing project on Thursday (June 1).

The Prime Minister was asked to comment on a statement by Bachok MP Mohd Syahir Che Sulaiman that a full-time finance minister was needed to look into the depreciating value of the ringgit and other financial woes.

Syahir, who is a PAS representative in the Special Parliamentary Select Committee on Finance and Economy, also pointed out that the ringgit's value is faltering not just against the US dollar, but also currencies like the Singapore dollar, Thai baht and Indonesian rupiah.

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