Malaysian c bank's Zeti says ringgit peg to remain

Malaysia's central bank chief Zeti Akhtar Aziz told reporters that the government will only make a review on re-pegging the ringgit if there is a significant fundamental structural change within the region.

Source: AFX Asia

"From time to time, the major currencies adjust but what we want to have in place is a system that continues to facilitate our trade and investment and therefore, no. These kinds of developments are temporary," Zeti told reporters when asked whether the pressure on the dolla

To continue reading...