Ringgit plunges as US dollar strengthens – Ahmad Maslan

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Datuk Seri Ahmad Maslan

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Deputy Finance Minister 1 Datuk Seri Ahmad Maslan attributes the recent depreciation of the ringgit to the robustness of the US dollar.

In a Facebook post, he further elaborated that other currencies such as the Yen, Baht, Won, Renminbi, and Peso have also experienced a decline in value.

Ahmad Maslan emphasised the government’s commitment to implementing structural policies aimed at attracting capital inflows.

He mentioned the improved investment climate, increased productivity, clearer fiscal policies, and reinforced political stability as key factors contributing to this goal.

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