Zeti says ringgit is 'significantly undervalued' amid growth
Fri, Nov 13, 2015 - 5:50 AM
Ms Zeti: "We believe investors, after they reassess their investment portfolios, will still gravitate towards growth areas. . . When all this is resolved, we believe that the currency will reflect the fundamentals
THE Malaysian ringgit remains "significantly undervalued" and risks to economic expansion are unlikely to materialise with exports still strong, central bank governor Zeti Akhtar Aziz said.
The ringgit doesn't reflect fundamentals with the nation's current account in surplus...