An investor is not concerned about the potential political fallout on the ringgit as she expected the country’s leadership to remain “more or less status quo”.

Speaking to CNBC, Tan Min Lan said: "There are on-going issues, but the opposition is in disarray and therefore there is no alternative. And hence a change in government in Malaysia is highly unlikely.”

Tan, who heads the Asia Pacific investment office for UBS wealth management, was reacting to strategists at the National Australia Bank (NAB).