M’sia not in economic crisis, Zafrul says amid weakening ringgit

BernamaPublished: Sep 13, 2022 10:10 PM | Updated: Sep 13, 2022 10:10 PM

Malaysia is not experiencing an economic crisis just because the ringgit is trading at a low level against the US dollar, said Finance Minister Tengku Zafrul Abdul Aziz.

He explained that the ringgit’s performance should be viewed holistically, not just in comparison with the US dollar, as the local note has also strengthened against other currencies.

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