Asia Sentinel

Asia Sentinel

Politics

Malaysia’s Prime Minister in Crisis

Currency falls to lowest level in history

Oct 31, 2023
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By: Cyril Pereira

The whole country is stunned by the drop in Malaysia’s currency, the ringgit, to its lowest exchange rate of RM4.79:US$1. That has triggered calls for Prime Minister Anwar Ibrahim to give up his dual role as finance minister and urgently appoint a competent one to focus on revitalizing the economy. Opposition members are calling for Anw…

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