No plans to peg the ringgit, Parliament told


KUALA LUMPUR: Putrajaya has no plans to peg the ringgit or impose exchange rate controls, similar to what was done during the Asian financial crisis, says Deputy Finance Minister Steven Sim.

“This is not the best solution for the challenges the country is facing currently,” Sim said during the oral question and answer session in the Dewan Rakyat on Wednesday (Nov 1).

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