No plans to peg the ringgit, Parliament told | TheStarTV.com

No plans to peg the ringgit, Parliament told

Published on 1 Nov 2023 2:00:18 PM

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.

He said this was 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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Keywords
parliament, peg, ringgit, exchange rate controls, asian financial crisis, deputy finance minister, steven sim

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.

He said this was 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).

Read more at https://shorturl.at/kxCK8

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
parliament, peg, ringgit, exchange rate controls, asian financial crisis, deputy finance minister, steven sim

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