Malaysia Pursuing De Dollarisation Trading In Ringgit Pm





PARLIAMENT | The government, through Bank Negara Malaysia, is exploring initiatives to encourage countries to trade in local currencies, said Prime Minister Anwar Ibrahim.
This is in line with his view for Malaysia to reduce its reliance on the US dollar in trade and investments.
Anwar said Malaysia has held several negotiations with China, Indonesia and Thailand and has begun using local currencies in its transactions.
“We succeeded in using local currencies with Indonesia, Thailand and China. However, not all (countries) are involved in commodity and international trade. That is why I suggest de-dollarisation,” he told the Dewan Rakyat today.
Anwar was responding to Awang Hashim (PN-Pendang) who asked for the government’s action in dealing with the ringgit’s decline against the US dollar.
PM Anwar IbrahimThe premier reiterated that the value of the ringgit had no connection with the fundamentals such as good economic growth, good investment, falling inflation or falling unemployment rates, but was influenced by the United States Federal Reserve which raised interest rates.
US dollar dependency
Wee Ka Siong (BN-Ayer Hitam) later raised that de-dollarisation comes with many challenges as countries are highly dependent on the US dollar.
The former transport minister asked if large corporations would have savings in ringgit to increase demand for the Malaysian currency.
Anwar responded that some government-linked investment companies (GLICs) and local private corporations have begun to trade in local currencies.
“If (US) dollar is used exclusively, surely the ringgit is at stake. But there are many companies that attempt to use (US) dollar and have savings in ringgit for the transactions to be in ringgit,” he said.
In an effort to reduce Malaysia’s reliance on the US dollar, Anwar previously proposed for Asian countries to establish the region's own version of the International Monetary Fund (IMF).
Financial experts previously suggested having an Asian Monetary Fund (AMF) would provide Asian countries with a better alternative during crises.
- Mkini

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

http://malaysiansmustknowthetruth.blogspot.com/2023/10/malaysia-pursuing-de-dollarisation.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
Jakarta Denies Haze In Malaysia Due To Forest Fires In Its Territories

Jakarta Denies Haze In Malaysia Due To Forest Fires In Its Territories

papar berkaitan - pada 2/10/2023 - jumlah : 214 hits
Last Friday Putrajaya warned of high pollution levels on the west coast of Peninsular Malaysia and Sarawak due to transboundary haze from Indonesia JAKARTA Indonesia s environment ministry has denied accusations that forest fires in Sumatra...
Agong Malaysia New Zealand Bilateral Ties Stronger Than Ever

Agong Malaysia New Zealand Bilateral Ties Stronger Than Ever

papar berkaitan - pada 2/10/2023 - jumlah : 227 hits
Yang di Pertuan Agong Sultan Abdullah Sultan Ahmad Shah said bilateral ties between Malaysia and New Zealand are now stronger than ever and this is mainly because they understand each other s economic needs and sensitivities His Majesty sai...
High Time For Proper Revenue Strategy By Malaysia World Bank

High Time For Proper Revenue Strategy By Malaysia World Bank

papar berkaitan - pada 2/10/2023 - jumlah : 263 hits
It is high time for Malaysia to have a proper medium to long term revenue strategy to restore its fiscal buffers said the World Bank World Bank lead economist Apurva Sanghi said Malaysia s revenue as a share of the gross domestic product ha...
The Huawei Mate X3 Is Now Cheaper In Malaysia By About Rm 1 600 Here S What You Need To Know

The Huawei Mate X3 Is Now Cheaper In Malaysia By About Rm 1 600 Here S What You Need To Know

papar berkaitan - pada 2/10/2023 - jumlah : 279 hits
If you are into foldables but not looking to buy a Samsung device have you checked out the Huawei Mate X3 The model was launched in Malaysia just a few months ago in May and now Huawei Malaysia has just cut the recommended retail price of t...
Starbucks Reserve Malaysia Serves Freshly Baked Pastries

Starbucks Reserve Malaysia Serves Freshly Baked Pastries

papar berkaitan - pada 2/10/2023 - jumlah : 425 hits
Savor freshly baked pastries paired with your favorite coffee Starbucks Malaysia is raising the bar on your coffee experience with a tantalizing twist Imagine stepping into a world where the enticing aroma of freshly baked pastries melds se...
Malaysia Welcomes First Tesla Centre In Cyberjaya Offering Comprehensive Electric Vehicle Experience

Malaysia Welcomes First Tesla Centre In Cyberjaya Offering Comprehensive Electric Vehicle Experience

papar berkaitan - pada 2/10/2023 - jumlah : 299 hits
Malaysia s first Tesla Centre has officially opened its doors in Cyberjaya marking a significant milestone in providing a complete customer experience for electric vehicle enthusiasts in the region The two storey facility set to develop in ...
Jerebu Melanda Malaysia

Jerebu Melanda Malaysia

papar berkaitan - pada 3/10/2023 - jumlah : 294 hits
Jerebu ialah istilah dalam bahasa Malaysia yang merujuk kepada fenomena kabus tebal atau asap yang menutupi udara biasanya disebabkan oleh pembakaran hutan kebakaran hutan atau aktiviti manusia lain yang menghasilkan partikel habuk asap dan...
Tesla Malaysia Officially Launches Cyberjaya Hq

Tesla Malaysia Officially Launches Cyberjaya Hq

papar berkaitan - pada 3/10/2023 - jumlah : 287 hits
Tesla Malaysia s headquarters here has officially opened its doors for business CYBERJAYA Tesla Malaysia s headquarters here has officially opened its doors for business The 55 000 sq ft two storey complex which was completed within two mon...
Warung D Bamboo Ban Pecah Kuala Kurau Perak

Immigration Busts Syndicate Forging Marriage Documents

Sustainable And Stylish The New Standard For Women S Medical Scrubs

Cute Crunchy Creamy My Honest Thoughts On Cream O Strawberry

Rain Lily Scarlet O Hara

Template Blogger Responsive Seo Friendly

Maszlee Malik Dan Noor Amin Ahmad Dakwa Rafizi Menipu

Johari Ghani Youths No Longer Care About Party S Legacy Umno Must Focus On Credibility Climate And Reform To Woo Them


echo '';
Info Dan Sinopsis Drama Berepisod Dendam Seorang Madu Slot Tiara Astro Prima

10 Fakta Biodata Amira Othman Yang Digosip Dengan Fattah Amin Penyanyi Lagu Bila Nak Kahwin

5 Tips Macam Mana Nak Ajak Orang Kita Suka Dating Dengan Kita

Info Dan Sinopsis Drama Berepisod Keluarga Itu Slot Lestary TV3

Bolehkah Manusia Transgender Mencapai Klimaks Selepas Bertukar


Malaysia Airlines A330neo Pesawat Baharu Lebih Canggih Selesa Jimat Bahan Api

Ucapan Istemewa Kepada Babab Net

Mendaki Bukit Panorama Di Sungai Lembing

Dr888 12 December Dr888 Top 73 By Sofia

Pananthai 9 Pananthai Top 87 By Patrice

Monday Morning