Govt is monitoring ringgit’s performance, says Guan Eng after fall in currency value | Malay Mail

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Govt is monitoring ringgit’s performance, says Guan Eng after fall in currency value

23 April 2019KUALA LUMPUR, April 23 — The government will monitor the ringgit’s performance in the foreign exchange market following the recent fall in the currency’s value, says Finance Minister Lim Guan Eng.

“The ringgit’s fluctuations are normal. We will have to see its performance over a year. It won’t be very accurate if we do a daily projection. Let’s look at the performance at the end of the year,” he said in an interview with Bernama yesterday. Last week, global index provider FTSE Russell said it would review Malaysia’s market accessibility level in its World Government Bond Index due to concerns about market liquidity.

Malaysia, currently assigned a “2” and included in the WGBI since 2004, is being considered for a potential downgrade to “1”, making it ineligible for inclusion in the index.

 

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Saya sayang LGE. Terima kasih. Tepuk

monitor je laa mampu. dia merosakkan. dia yg monitor.

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