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20TH ANNIVERSARY OF ASIAN FINANCIAL CRISIS

Mahathir still hates currency traders - decades after crisis

He once called them 'unscrupulous profiteers' in an 'immoral' line of work
Friday, July 7, 2017 - 05:50

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"There's no point in treating a currency like a commodity, devaluing it artificially and causing a lot of poverty among poor countries," says Dr Mahathir.

Singapore

AS THE Asian financial crisis raged on two decades ago, Malaysian Prime Minister Mahathir Mohamad committed economic heresy by rejecting an International Monetary Fund (IMF) bailout and slapping capital controls on global investors.

Dr Mahathir blasted currency traders as

sentifi.com

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