JOURNAL ARTICLE

Mahathir Advocates Currency Peg With Ringgit Lowest Since Crisis.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Ismail, Netty; Koswanage, Niluksi; Redmond, Tom 3 of 3

Abstract

The elder statesman has a long history of disdain for currency traders and once called billionaire investor George Soros a "moron" for his bold bets against the ringgit in the run-up to the Asian crisis. (Bloomberg) -- Former Malaysian premier Mahathir Mohamad said the country should consider pegging its sinking currency to the dollar, repeating the policy he introduced during the Asian financial crisis in the late 1990s. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/11, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2023
  • Accession Number:173363159
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