Decision on any foreign currency for trade will be in country's best interests, Dewan Rakyat told

Published on 5 Dec 2024 4:06:23 PM

The Malaysian government must closely scrutinise any foreign currencies used for international trade, says Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Responding to a question from Young Syefura Othman (PH-Bentong) during Minister’s Question Time in the Dewan Rakyat on Thursday (Dec 5), the Investment, Trade, and Industry Minister emphasised this need following recent threats by U.S. President-elect Donald Trump to impose 100% tariffs on Brics members if they proceed with introducing a new currency for global trade, even though Malaysia is not part of the grouping.

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Keywords
dewan rakyat , parliament , brics , us dollar , malaysia , trade currency , donald trump , threat , tariff , de-dollarisation , tengku zafrul tengku abdul aziz, news, zafrul, miti minister, bentong mp, investments, government, young syefura othman

Keywords:
dewan rakyat , parliament , brics , us dollar , malaysia , trade currency , donald trump , threat , tariff , de-dollarisation , tengku zafrul tengku abdul aziz, news, zafrul, miti minister, bentong mp, investments, government, young syefura othman