With updates 19/8 3.30pm
19/8 DAMNED! The Ringgit is NOT even on this list of "troubled currencies" at all! Our naysayers, of course, will find it very hard to accept the exclusion of the Ringgit in Morgan Stanley's latest Troubled Ten Currencies. But Morgan Stanley was right about their Fragile Five currencies before!
The fact is, WE ARE LOOKING OK.The key to our being OK is the current account deficit and our current account deficit has been well managed by the government over these few years and has been consistently coming down.