You are here

1MDB objects to Zeti's comments, says it is not responsible for ringgit's weakness

The ringgit is Asia's worst performer in the past 12 months, and retreated further on Tuesday.

Kuala Lumpur

1MALAYSIA Development Bhd (1MDB) said that it should not be held responsible for the ringgit's weakness, objecting to comments by central bank governor Zeti Akhtar Aziz.

The resolution to issues surrounding the debt-ridden state investment company will help bolster the...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to