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Wednesday, November 04, 2015

Ringgit value

The Finance Ministry repeats the factors causing the the fall of the value of the ringgit up to 21.6% and the drop of currencies of other ASEAN nations up to 19.5%. These include: 1. withdrawal of short-term investors; 2. uncertain economy such as economic growth of China below 7%; 3. crude oil price below USD50 per barrel; 4. negative environment such as the 1 MDB incident. We must improve the environment.



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