The government’s attempts to arrest the decline in the ringgit’s value are futile if it continues to implement poor policies on the rising cost of living, inflation, and labour shortages, according to Bagan MP Lim Guan Eng.

In a statement today, the former finance minister pointed out that the ringgit has not only declined in comparison to the US dollar but also the Singapore dollar and Indonesian rupiah.

“For the government to dismiss the...