Dr M moots currency backed by gold

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

He says this would be more stable than the current currency trading, which is manipulative.

Prime Minister Dr Mahathir Mohamad speaks at the 25th International Conference on The Future of Asia in Tokyo today.

“We can make settlements using that currency . That currency must relate to the local currency as to the exchange rate, and that is something that can be related to the performance of that country. “Just because that one country is affected, there is infection to the other countries. Malaysia was very stable way back in 1997… but because of the problems that occurred in Thailand , they said we must peg the Malaysian currency also.

“Currency trading is not something that is healthy because it is not about the performance of countries but about manipulation.

Source: Digital Coin News (digitalcoinnews.net)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dr M conveys condolences, says Dr Khoo's passing a great lossPETALING JAYA: Prime Minister Tun Dr Mahathir Mohamad has expressed his condolences to the family of the late historian Emeritus Professor Tan Sri Dr Khoo Kay Kim. Rest In Peace prof
Source: staronline - 🏆 4. / 75 Read more »

Dr M, Dr Siti Hasmah stock up on Raya goodies at favourite Pekan Rabu Complex stores | Malay MailALOR SETAR, May 26 — Traditional cookies ‘Kuih Putu Kacang’ and ‘Karas’ sold at the Warisan Mak Chah booth are the Prime Minister Tun Dr Mahathir Mohamad and wife Tun Dr Siti Hasmah Mohd Ali’s favourites whenever they are doing ‘Raya’ shopping at the Pekan Rabu Complex here. Warisan...
Source: malaymail - 🏆 1. / 86 Read more »

Dr Mahathir ucap tahniah kepada Modi | The Malaysian InsightIa susulan kemenangan bersejarah Perdana Menteri India Narendra Modi dalam pilihan raya Lok Sabha (dewan rendah Parlimen) 2019.
Source: msianinsight - 🏆 8. / 63 Read more »

Dr M congratulates Modi on Indian election victoryKUALA LUMPUR (Bernama): Prime Minister Tun Dr Mahathir Mohamad today congratulated Indian Prime Minister Narendra Modi on his historic victory in the 2019 Lok Sabha (lower house of parliament) elections,
Source: staronline - 🏆 4. / 75 Read more »

Dr Sahruddin congratulates Mazlan over appointment as Johor Bersatu chief | Malay MailJOHOR BARU, May 26 — Johor Mentri Besar Datuk Dr Sahruddin Jamal today congratulated newly minted Johor Parti Pribumi Bersatu Malaysia (Bersatu) chief Mazlan Bujang over his recent appointment. Dr Sahruddin, the former Johor Bersatu Secretary, urged the fullest cooperation from all parties now... Tangan tak lenguh ke pegang tie manjang?
Source: malaymail - 🏆 1. / 86 Read more »

New Malaysia committed to stronger ties with China, says Dr Mahathir | The Malaysian InsightDespite leadership changes in both countries over the years, non-interference led to growing ties, says PM. Janganlah pergi Jepun dulu Dan lepas itu buat Public Statement bahawa Tun akan lawat Cina kalau ada masa nanti. Melayu mudah lupa ! Cina Tak Lupa ! big liar!!!! Jual malaysia
Source: msianinsight - 🏆 8. / 63 Read more »

Dr M congratulates Modi on landslide victory in India’s election | Malay MailKUALA LUMPUR, May 26 — Prime Minister Tun Dr Mahathir Mohamad today congratulated Indian Prime Minister Narendra Modi on his historic victory in the 2019 Lok Sabha (lower house of parliament) elections. “Congratulations narendramodi on your clear victory in India’s election. We look forward... chedetofficial narendramodi Another term for Hindu terrorist government. They are not like Mahatma Gandhi who is truly Hindu
Source: malaymail - 🏆 1. / 86 Read more »

Dr Mahathir congratulates Modi | The Malaysian InsightMalaysia looks forward to strengthening ties after polls win.
Source: msianinsight - 🏆 8. / 63 Read more »

Mohd Solihan admits to discussing Bersatu secretary post with Dr Sahruddin | Malay MailJOHOR BARU, May 26 — Johor Parti Pribumi Bersatu Malaysia (Bersatu) Secretary Mohd Solihan Badri today admitted that he had discussed his new party position with his predecessor, Johor Mentri Besar Datuk Dr Sahruddin Jamal.  Mohd Solihan, who is also Bersatu Ledang Division Chief, said...
Source: malaymail - 🏆 1. / 86 Read more »

Dr M says it’s vital to boost economy and strengthen ringgitLANGKAWI: The government is continuously working on attracting more foreign investments to boost the country’s economy and strengthen the ringgit. you do that by liberating markets, make sure equity is evenly distributed and everyone has a shot at success. Protectionism and religious fundamentalism has been festering and eroding the foundations of which this Nation was built on.
Source: staronline - 🏆 4. / 75 Read more »

Govt committed to strengthening 'meteoric' Malaysia-China ties, says Dr MThe prime minister says Malaysia's relations with Beijing will be even closer and more meaningful in the future.
Source: fmtoday - 🏆 5. / 72 Read more »