January 29, 2023

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StarBiz No. 47 - Stable Currency Is A Must For The Economy

Photo by Indra Gunawan
Sliding of Ringgit has raised much concern for our people. The currency of a country's economy is an important indicator of the economic health. Why then is our Ringgit sliding endlessly against the USD and some other currencies? Is there a greater underlying concern?

While I have avoided touching on this topic as it is widely debated by policymakers and politicians, it is my view that some level of healthy discourse should no longer be ignored because a weak currency goes beyond costlier overseas holidays and foreign brands. Feel free to have a read of this week's StarBiz Column.


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