Depreciating Ringgit Has Not Impacted Investors Confidence Pm


 


The depreciating value of the ringgit has not affected investors’ confidence in Malaysia, said Prime Minister Anwar Ibrahim.
He also urged the public not to compare the ringgit’s situation to that of the 1998 Asian Financial Crisis, where inflation and unemployment levels were high.
“If (investors) confidence is low because of the ringgit, there wouldn’t be investments like this,” he told reporters at a press conference after an event at TRX this morning.
However, he stressed that the government was not taking the issue lightly, adding that measures are being taken to remedy the situation.
Yesterday, Anwar announced that Malaysia recorded total approved investments of RM329.5 billion in 2023 which is 23 percent higher than in 2022.
Anwar, who is also the finance minister, pointed out this is the highest amount of approved investments in the country’s history and foreign investments were the main contributor at 57.2 percent, compared to domestic investments at 42.8 percent.
Investment figures reassuring
Meanwhile, he said the country’s economic situation must be looked at comprehensively instead of only focusing on the ringgit’s value.
“(Economic) growth we can sustain as compared to our neighbours so I think look at the comprehensive view and the capacity of the country to grow.
“What is reassuring to me is the investment figures,” he said.
He added that the government will continue to do its daily monitoring of the situation especially when it comes to the cost of living.
On the declining ringgit, Bank Negara Malaysia (BNM) has been assigned to monitor the situation, Anwar said.
“So of course, BNM has been assigned to monitor. As you know, it is the field of competence of BNM but it is affecting all countries.
“But what is important is to focus on what we can do what we should do and we are doing it daily,” he added.
On Tuesday, BNM governor Abdul Rasheed Ghaffour expressed his belief that the ringgit’s level does not reflect the positive prospects of the economy going forward.
He said the recent performance of the ringgit, similar to other regional currencies, has been influenced by external factors.
As of 12.15pm today, the ringgit stood at 4.775 against the US dollar, according to BNM’s website.
- Mkini

Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2024/02/depreciating-ringgit-has-not-impacted.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Opposition Equally To Blame For Depreciating Ringgit Says Ex Minister

Opposition Equally To Blame For Depreciating Ringgit Says Ex Minister

papar berkaitan - pada 23/2/2024 - jumlah : 225 hits
The opposition is equally to blame for the falling ringgit value and the current state of the economy said Salleh Said Keruak According to the former minister from BN this was because the opposition was constantly talking about toppling the...
Investors March Out Of Malaysia Bring Ringgit To 1998 Lows

Investors March Out Of Malaysia Bring Ringgit To 1998 Lows

papar berkaitan - pada 22/2/2024 - jumlah : 258 hits
Malaysia s ringgit is trading at lows not seen since the Asian Financial Crisis as outflows foreign currency hoarding and a strong dollar pile on pressure The currency is the first in Asia to break below October 2023 levels on the dollar It...
Not Just Ringgit Pm Says Japan China And Asean Currencies Also Sliding

Not Just Ringgit Pm Says Japan China And Asean Currencies Also Sliding

papar berkaitan - pada 25/2/2024 - jumlah : 221 hits
Prime Minister Anwar Ibrahim today said that other Asean currencies were declining and not just the ringgit with the Singaporean dollar being the only currency in the region bucking the trend He pointed out that the Japanese yen and Chinese...
Pushback Over Weak Ringgit Has Markets Eyeing Threshold

Pushback Over Weak Ringgit Has Markets Eyeing Threshold

papar berkaitan - pada 29/2/2024 - jumlah : 149 hits
The ringgit has weakened 3 6 this year among the worst performers in emerging Asia PETALING JAYA Investors are eyeing a key threshold in the ringgit that may warrant a stronger intervention from the central bank as authorities navigate risi...
Deliver Reforms Not Stale Soundbites Ong Tells Pm

Deliver Reforms Not Stale Soundbites Ong Tells Pm

papar berkaitan - pada 26/2/2024 - jumlah : 133 hits
Former lawmaker Ong Kian Ming has urged Prime Minister Anwar Ibrahim and the government to focus on delivering results instead of stale soundbites This is after Anwar at an event yesterday said if monies stolen from the country were returne...
Hanipa Hopes Anwar Is A True Reformer Not Deformer

Hanipa Hopes Anwar Is A True Reformer Not Deformer

papar berkaitan - pada 26/2/2024 - jumlah : 157 hits
Mohamed Hanipa Maidin has expressed disagreement with Prime Minister Anwar Ibrahim s call to end the salvos against the declining ringgit and the police s stand on electoral watchdog Bersih s march to Parliament tomorrow However the former ...
Why Is Taib A Respected Statesman To Anwar But Not Daim Or Mahathir

Why Is Taib A Respected Statesman To Anwar But Not Daim Or Mahathir

papar berkaitan - pada 27/2/2024 - jumlah : 190 hits
It is indeed strange to hear Anwar refer to Taib as a respected statesman when he has been railing against Mahathir and Daim for allegedly doing the very same thing that Taib has been accused of doing Nehru Sathiamoorthy In the last couple ...
Heed Agong S Decree Not To Play Politics Pn Rep Tells Govt

Heed Agong S Decree Not To Play Politics Pn Rep Tells Govt

papar berkaitan - pada 26/2/2024 - jumlah : 223 hits
An opposition lawmaker has turned the tables on the Yang di Pertuan Agong s call for MPs not to play politics by aiming the royal remarks at the government Alor Setar MP Afnan Hamimi Taib Azamudden said among others that the government was ...
Pmx S Empty Promises The Cost Of Political Rhetoric And Implications For Not Fixing The Economy

Pmx S Empty Promises The Cost Of Political Rhetoric And Implications For Not Fixing The Economy

papar berkaitan - pada 23/2/2024 - jumlah : 208 hits
By Mihar Dias https newswav com In the world of Malaysian politics promises are as abundant as they are unfulfilled Prime Minister Datuk Seri Anwar Ibrahim s recent rhetoric about cracking down on corruption and lowering prices is just the ...
China S President To Host Official Dinner For Anwar

Drama One Cent Thief 2 Lakonan Syafiq Kyle Azira Shafinaz

I Bought A Toy Like Vape Online Mp Tells Dewan Chamber

Unlocking Savings Expert Tips For Finding Discounted Cigarettes In Australia

Kips Bay Decorator Show House Dallas 2024 An Exquisite Showcase Of Design

India Secebis Kenangan Di India Random Photos

Anwar Slams Hypocritical Criticism Over His Response To Najib S Apology

A Sucker Punch For Rm1 000 What S The Value Of Dignity In Malaysia


echo '';
Biodata Terkini Penyanyi Illa Sabry Peserta Gegar Vaganza 2024 Musim 11 GV11

Info Dan Sinopsis Drama Berepisod Senyawa iQIYI Malaysia

Info Dan Sinopsis Drama Berepisod Project Projek Exit Astro Originals

Pelajari Asal Usul Nama Makhluk Seram Kisah Fiksyen Barat Yang Terkenal

10 Fakta Filem Kahar Kapla High Council Yang Ramai Tak Tahu Prekuel Drama Project Projek High Council


Konsep Wadiah Pengertian Hukum Dan Rukun Dalam Perspektif Syariah

Sayonara Iza Arina

Build A Strong Team For A Startups

Simple Menu Untuk Dinner

Lirik Lagu Pendam Rasa Evanatie

Kolaborasi Skin Hero Mobile Legend X Naruto Spipudden