KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim today said his recent statements about the ringgit had been misunderstood.
"I never said that the ringgit is the strongest currency in Asia. What I actually said is that the ringgit has shown the highest increase in Asia."So, if you want to criticise, that's fine, but refer to the accurate statement," he said, when met by reporters after the launch of the guidelines on the management and governance of federal statutory bodies.
Anwar urged the public to listen to his speech in full before drawing any conclusions.
Despite the confusion, he expressed confidence that the strengthening of the ringgit will further enhance foreign investor confidence in Malaysia.
Year-to-date the ringgit is up 3.3 per cent against US dollar.
It was trading at 4.4570 to the dollar at noon.