PKR MP demands Bank Negara tell truth about weakening ringgit | The Malaysian Insight

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PKR MP demands Bank Negara tell truth about weakening ringgit | The Malaysian Insight
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PKR MP demands Bank Negara tell truth about weakening ringgit

Pasir Gudang MP Abdul Hassan Karim says the Bank Negara governor must explain why the ringgit is still declining despite several Overnight Policy Rate hikes. – The Malaysian Insight file pic, May 29, 2023.

BANK Negara governor Nor Shamsiah Mohd Yunus has to “speak the truth” and explain why the ringgit is steadily depreciating, PKR’s Abdul Hassan Karim said. He urged her to stop issuing “sugarcoated” statements on Malaysia’s economic situation, alleging the downsliding currency could harm the country and the people’s well-being.

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