Zafrul Govt Not Too Fixated On Ringgit Performance Focused On Economy





Finance Minister Tengku Zafrul Abdul Aziz has brushed off concerns regarding the ringgit’s performance.
He was cited by Bernama as saying that the government would not be “too fixated” on how the currency was doing as the focus remained on the mid-to-long term performance of the economy.
“You have to understand the inflation rate in the US. The monetary tools that are available in Malaysia or other markets depend on the economic scenario of the particular country.
“The inflation rate in Malaysia in the first six to seven months (of 2022) is 2.8 percent, so we could have an accommodative economic policy, (with) very large fiscal support,” Zafrul (above) was quoted as saying.
The ringgit has slid against the US dollar to its lowest since January 1998, months after the onset of the Asian Financial Crisis.
The local currency closed at RM4.50 against the greenback again today.
The US dollar is performing stronger due to increasing demand in anticipation of further rate hikes.
However, MIDF Research expects the ringgit to recover and appreciate towards RM4.35 against the dollar by the end of the year.
Zafrul had been criticised for not commenting on the ringgit’s drop.
Meanwhile, Zafrul said the country’s economic growth is expected to surpass official estimates of between 5.3 and 6.3 percent in 2022.
He said this is due to faster growth in the second quarter at 8.9 percent, with expectations of a strong performance in the third quarter. - Mkini


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

http://malaysiansmustknowthetruth.blogspot.com/2022/09/zafrul-govt-not-too-fixated-on-ringgit.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
Bank Negara Decides On Opr Not Us Says Tengku Zafrul

Bank Negara Decides On Opr Not Us Says Tengku Zafrul

papar berkaitan - pada 18/9/2022 - jumlah : 203 hits
Finance minister Tengku Zafrul Aziz says any OPR increase will not enrich the banks as they also have to pay higher interest rates to depositors KUALA SELANGOR The government does not intervene in decisions regarding the overnight policy ra...
Anwar Takes Swipe At Zafrul For Looking After Banks Not People

Anwar Takes Swipe At Zafrul For Looking After Banks Not People

papar berkaitan - pada 12/9/2022 - jumlah : 280 hits
PKR president Anwar Ibrahim has taken a swipe at Tengku Zafrul Abdul Aziz over his actions which he said do not resemble that of a responsible finance minister We have been through a major economic crisis The attack in Thailand on the baht ...
Don T Downplay Ringgit S Slide Tengku Zafrul Told

Don T Downplay Ringgit S Slide Tengku Zafrul Told

papar berkaitan - pada 15/9/2022 - jumlah : 262 hits
DAP secretary general Loke Siew Fook said the value of the ringgit had dropped during the 1997 economic crisis PETALING JAYA Finance minister Tengku Zafrul Aziz was told by DAP not to downplay the ringgit s slide against the US dollar Its s...
Tengku Zafrul Trying To Mislead People Over Ringgit Slide Says Pkr Man

Tengku Zafrul Trying To Mislead People Over Ringgit Slide Says Pkr Man

papar berkaitan - pada 14/9/2022 - jumlah : 246 hits
PKR communications chief Lee Chean Chung has accused finance minister Tengku Zafrul Aziz of downplaying the ringgit s depreciation against the US dollar PETALING JAYA Finance minister Tengku Zafrul Aziz is trying to mislead the public by se...
Yoursay Does The Govt Care About How Low The Ringgit Will Go

Yoursay Does The Govt Care About How Low The Ringgit Will Go

papar berkaitan - pada 15/9/2022 - jumlah : 309 hits
YOURSAY I believe the time has come for a loud jihad against the rising US dollar BobbyO We have an administration that is busy trying to prepare for the general election The latest increase in allowances for government servants and student...
Tengku Zafrul No Need For Imf Loan Malaysia Not Bankrupt

Tengku Zafrul No Need For Imf Loan Malaysia Not Bankrupt

papar berkaitan - pada 15/9/2022 - jumlah : 244 hits
Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said that as of the end of June 2022 the national debt level was about 60 per cent far lower than the statutory debt ceiling of 65 per cent Picture by Yusof Mat IsaKUALA LUMPUR Sept 14 Fi...
Are You Happy Or Not With Petronas Rm50bil Payout Pkr Youth Asks Umno

Are You Happy Or Not With Petronas Rm50bil Payout Pkr Youth Asks Umno

papar berkaitan - pada 2/9/2022 - jumlah : 270 hits
PKR Youth chief Adam Adli asks his Umno counterpart Asyraf Wajdi Dusuki why he is silent on Petronas total dividend payout of RM50 billion for the year PETALING JAYA With Petronas set to pay the government RM50 billion in dividend payouts t...
Friday Notes From The Quran Obeying And Not Obeying The Rules Of Grammar

Friday Notes From The Quran Obeying And Not Obeying The Rules Of Grammar

papar berkaitan - pada 2/9/2022 - jumlah : 262 hits
This is another Friday discussion about the Quran that may be too technical for non Muslim readers so non Muslims can skip this post Note I would like to state that I read the Quran as a hobby I read and try to understand it in Arabic as we...
Pas Veep Says Not Difficult To Be Pm If One Has The Right Team

Pas Veep Says Not Difficult To Be Pm If One Has The Right Team

papar berkaitan - pada 3/9/2022 - jumlah : 205 hits
PAS MUKTAMAR A PAS vice president today likened the act of becoming a prime minister to being a homeowner saying neither role is difficult with the right vision and assistance from a capable team Nik Mohd Amar Nik Abdullah who is also the K...
Dua Lelaki Dikenakan Denda Kerana Mengganggu Ketenteraman Awam Di Festival Songkran Bandar Utama Mall

World Bank Forecasts 3 9 Growth For Malaysia

Techcrunch Mobility Slate S New Ev Truck And Tesla S Competing Realities Revealed

Kashmir Killings Not Just Attack On India But Humanity

Bheart Feat Waris Bila Tiba Hari Seterusnya Chord

Dap And Pkr S Missing Indian Leaders In Ayer Kuning By Election A Cause For Concern

Kiranya Ameno Pejuang Kesamarataan Bukan Melayu Lagi

Dua Pemimpin Pas Campur Tangan Pru2025 Singapura


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


Encouraging Movement From A Young Age Promises A Bright Future

Perlukah Tukar Domain Blog Tips Penting Untuk Blogger

Kafe 28 Studio Kl Taman Setapak Indah

Powering Up Zambia A Look Into The Electricity Sector

Navigating The Mortgage Zone Understanding The Factors That Impact Mortgage Eligibility

Dua Konsert Mega Gegarkan Miri Mei Ini