Increasing use of the ringgit in trade


All smiles: Anwar (front, second from right) posing with Sekolah Menengah Kebangsaan Ketari students who were visiting the Parliament yesterday. — Bernama

ABOUT RM58bil of Malaysia’s trade with three trading partners is transacted in ringgit, says Datuk Seri Anwar Ibrahim.

The Prime Minister said about 25% or RM39.2bil of Malaysia’s bilateral trade with China was transacted using the ringgit and renminbi.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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

Next In Nation

M'sia needs an integrated Care Economy to cope with ageing population, says Dzulkefly
PN lawmaker proposes needs-based formula to allocate federal funds
i-City appoints Savills Malaysia to reposition CityWalk for its AI township vision
SMK Vivekananda’s Hogwarts crowned winner of Shell NXplorers Malaysia 2026 Peninsular Malaysia Challenge
Schools will stick to Nadma plan for closures, reaffirming 200 API threshold
Fadillah: Govt will coordinate controls, level e-commerce playing field to boost local products
Sarawak reduced unemployment by 27% since pre-Covid high, says Dr Annuar
Cancer survivor boosts craft income after empowering mentorship programme
Haze: Selangor schools open on Oct 16, barring outdoor activities
RM545mil Jendela 2 rollout soon to boost Internet connectivity across Sarawak

Others Also Read