Summary
ONE OF THE hottest topics in corporate Malaysia today is whether the
ringgit's peg to the United States dollar (at a rate of RM3.80 to US$1)See the full content of this document
Extract
To Peg or Not to Peg?
should be reassessed. And it's been a long debate.
Since as far back as four years ago, many quarters have been proddingthe government to remove the peg. The peg was, after all, a temporarymeasure installed in 1998 to provide a more stable operating environmentfor Malaysian companies which were badly shaken by the 1997/98 Asianfinancial crisis.The debate seems to be gaining momentum as the US dollar has beendepreciating ...See the full content of this document
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