KUALA LUMPUR -- Prime Minister Anwar Ibrahim on Friday said the ringgit remains "under control," with the Malaysian currency weakening close to a level last touched during the Asian Financial Crisis a quarter century ago.
Currency trades near low hit during Asian Financial Crisis in 1998
The Malaysian ringgit is among emerging market currencies under pressure from the strong U.S. dollar. © Reuters
KUALA LUMPUR -- Prime Minister Anwar Ibrahim on Friday said the ringgit remains "under control," with the Malaysian currency weakening close to a level last touched during the Asian Financial Crisis a quarter century ago.