SUBSCRIBERS

M'sian equities and ringgit plunge, Dr M hits out at Najib

Published Mon, Aug 10, 2015 · 09:50 PM

Kuala Lumpur

FOREIGN selling of Malaysian equities continued unabated on Monday with heavyweights bearing the brunt of a stampede to exit and the ringgit shrinking to 3.936 to the US dollar, as former prime minister Mahathir Mohamad conceded a bleak future for the country under embattled Prime Minister Najib Razak who he said is driving it to the brink to remain in power.

The stockmarket sell-off - although expected following further declines last week in Malaysia's international reserves to US$96.7 billion from a…

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here