Charting through choppy waters

A managed float mechanism will give the country time and space to dampen volatility, particularly upward volatility.

Removing fuel subsidies will go a long way to further reduce national deficit and respond to the needs of poor households

THE last couple of weeks have gotten the goat of some Malaysians. I have read comments by the well-intentioned on the Cabinet decision to implement the “managed float” pricing mechanism for diesel and RON95 petrol which went into effect recently.