Govt finding ways to increase use of ringgit, says PM

KUALA LUMPUR: Malaysia is "actively and aggressively" looking at increasing the use of the ringgit to reduce trade dependency on US dollar, says Datuk Seri Anwar Ibrahim.

While acknowledging that most global trade was done in US dollars, the Prime Minister said that the country has begun using ringgit when trading with several countries in line with "dedollarisation" by increasing demand for local currency.