Wednesday, February 8, 2023

Najib: It wasn’t me who cause the Ringgit’s new low, blame the other Finance Ministers

Social NewsNajib: It wasn't me who cause the Ringgit's new low, blame the...

On 29 April, the Ringgit Malaysia (RM) has once again dropped to a new low against the US Dollar (USD), reaching USD 1 is equivalent to RM4.35.

Naturally, Malaysians who are suffering from the effect of the weakening currency are not happy with this and many have since blamed the fall of the ringgit on former Prime Minister, Datuk Seri Najib Razak.

Source: Facebook

In response to the blame, Najib has taken to his Facebook page and said that when he was in power, the Ringgit was never this low. Back then, before the 14th General Election, USD1 = RM3.83.

“Since GE14, the Ringgit has weakened considerably and has never recovered to what it was before GE14 – not even once,” he stressed.

He then asked the netizens to put the blame on someone else other than him, as he short listed some names that should take the fall.

  • Previous Finance Minister, Lim Guan Eng
  • Current Finance Minister
  • Tun Dr Mahathir

He then pointed out Tun Dr Mahathir’s promise back then, “when Najib falls, the ringgit will rise again.”

Najib also said that he has “turun” (relinquish his position) 4 years ago after the GE and asked the netizen to go blame someone else.


In the comment section, Najib also pointed out that when Pakatan Harapan took over Putrajaya, the ringgit once fell to as low as USD1 = RM4.40 and he is still waiting for Mahathir’s prediction about the recovery of the ringgit to come true.

Do you think that Najib should partly be responsible for the new low of the Ringgit? Share your thoughts!

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