He says the currency move could be considered if Malaysia’s less favourable economy persists.
Alexander Nanta Linggi of the Sarawak ruling coalition said the state’s economy was in a better position than that of other states.
Alexander Nanta Linggi said the Sarawak currency move was something that could be considered if Malaysia’s less favourable economy persists. “If Sarawak is better than others, why not? This is what I’m trying to emphasise,” said Nanta said in a podcast to mark National Day and Malaysia Day, entitled “From Malaya to Malaysia: 60 Years” that was released today.
Under the Central Bank of Malaysia Act, Bank Negara Malaysia is the sole authority to issue currency in Malaysia. The law defines Malaysia’s unit of currency as the ringgit, divided into 100 sen.
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