Ahmad Maslan changes tune on ringgit fall

comments     Koh Jun Lin     Published     Updated

Deputy Finance Minister Ahmad Maslan has clarified his statement that the Ringgit slump is caused by former prime minister Dr Mahathir Mohamad’s attacks on the government, saying that it is only one of three factors briefed to him by Bank Negara.

The other two are uncertainties over interest rates in the US, and the fall in commodity prices including oil prices, he said, quoting briefings by the central bank’s chief Zeti Akhtar Aziz and her deputy Muhammad Ibrahim.

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