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World Bank economist: Ringgit’s decline due to 1MDB shock, lack of competitiveness in M’sia post-Asian financial crisis

10 months ago Economy theborneopost
KUALA LUMPUR (Feb 23): The World Bank’s lead economist for Malaysia Apurva Sanghi today said the ringgit’s poor performance can be attributed to the lack of competitiveness in the country the past 28 years after the 1998 Asian financial crisis. He also said that the decline was partly a consequence of the 1Malaysia Development Berhad [...] Read more at: theborneopost

Tags : world economist ringgit decline shock competitiveness asian financial crisis

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