![Tengku Zafrul says no need to peg ringgit to US dollar, strong economic fundamentals will support currency's value Tengku Zafrul says no need to peg ringgit to US dollar, strong economic fundamentals will support currency's value](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2022-03/71647266859_TBTENGKUZAFRUL.jpg)
Tengku Zafrul says no need to peg ringgit to US dollar, strong economic fundamentals will support currency's value
The government has no plans to peg the ringgit to the US dollar as such a move is fraught with high risks and a large trade-off, said Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz.
Thu Aug 11 2022
![Ringgit could breach 4.30 to US dollar next week if crude slides further Ringgit could breach 4.30 to US dollar next week if crude slides further](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-06/71435108154_RinggitMalaysia.jpg)
Ringgit could breach 4.30 to US dollar next week if crude slides further
The US Federal Open Market Committee meeting next week may cause the ringgit to experience cautious trading next week.
Sat Dec 12 2015
![No need to peg Ringgit to US Dollar, says Zeti No need to peg Ringgit to US Dollar, says Zeti](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2015-08/71439443349_ZETIAKHTARAZIZ.jpg)
No need to peg Ringgit to US Dollar, says Zeti
There is still no need to peg the ringgit to the US dollar currently despite the continued downtrend of the local unit, says Bank Negara Malaysia (BNM) Governor Tan Sri Dr Zeti Akhtar Aziz.
Wed Sep 30 2015
![Analyst: Ringgit weakness due to US dollar strength Analyst: Ringgit weakness due to US dollar strength](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2013-06/41371774308_295x200.jpg)
Analyst: Ringgit weakness due to US dollar strength
The persistent weakness of the Ringgit has been attributed to the strengthening greenback and expectations that the Federal Reserve would be inclined to raise interest rates.
Fri Mar 06 2015
![Malaysian Ringgit to US Dollar: 1997 to 2014 Malaysian Ringgit to US Dollar: 1997 to 2014](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2013-10/71382353771_120x90.jpg)
Malaysian Ringgit to US Dollar: 1997 to 2014
The graph shows a comparison of Ringgit Malaysia USD from 1997 until 2014.
Wed Jan 07 2015