Malaysia's Anwar says ringgit is 'concerning' but 'under control'

Currency trades near low hit during Asian Financial Crisis in 1998

20240220 Malaysian ringgit bank notes

The Malaysian ringgit is among emerging market currencies under pressure from the strong U.S. dollar. © Reuters

NORMAN GOH, Nikkei staff writer

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.

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