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Use dual-currency method to tap funds of Malaysians in S'pore: forex strategist

Short-term measure would boost liquidity in system and stem ringgit's decline
Friday, October 9, 2015 - 05:50

Ringgit5314.jpg
A customer counts her ringgit notes outside a money changer at the central business district in Singapore in this Aug 25, 2015.

Kuala Lumpur

AS a temporary measure to inject more liquidity into the system and stem the decline in the ringgit, a foreign exchange strategist has suggested Putrajaya consider a dual-currency investment mechanism that taps the savings of the hundreds of thousands of Malaysians working in

sentifi.com

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