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'Don't be fixated with assessing the equilibrium level of ringgit'

Economic analysts and observers should not be fixated with the level of the ringgit, Bank Negara governor Muhammad Ibrahim said today.

This is not a right and productive thing to do, he said. "We should not be too focused on an equilibrium value of the ringgit.

"Few views were offered by the economic analysts and observers. It is as though suggesting that this is our target in ensuring the stability of the economy. This is not accurate and productive," Muhammad said at the Finance Carnival organised by the central bank and attended by more than 100 finance service providers.

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