Ringgit undervalued by up to 10%, Amir Hamzah tells Dewan Rakyat

Photo: Bernama

KUALA LUMPUR: The Malaysian ringgit is currently undervalued by up to 10%, says Finance Minister II Datuk Seri Amir Hamzah Azizan.

"If we look at the analysis by bankers, it is likely that the ringgit is undervalued between 8% and 10% compared to the level where it should be at the moment,” he said.