Economy Minister Rafizi Ramli is confident that the government’s commitment to long-term structural reforms will attract inflows back into the country and eventually improve the ringgit's performance. – The Malaysian Insight file pic, July 11, 2023.
He said since the Covid-19 pandemic, investments in energy transition projects have dominated the global investment landscape. “If we are able to do this, we will get more investments in our capital markets, either in bonds or equities, which will buffer the ringgit from the differential of interest rates.
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