Malaysiakini News

Dr M sees ringgit fair value at 3.8, akin to '98 currency peg

Published:  |  Modified:

Dr Mahathir Mohamad has placed the current ringgit fair value at 3.8, about 5 percent stronger than its current rate against the dollar and similar to the peg he placed back in 1998 during the Asian financial crisis and during his first stint as prime minister...

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