RINGGIT`S FALL IN LINE WITH GLOBAL TREND, SAID BANK GOVERNOR

KUALA LUMPUR, March 3 (Bernama) -- The ringgit's fall to a three-year low of
3.7260/7300 on Monday is in line with the global trend that reflects the
strength of the dollar, Malaysia's Central Bank governor, Dr Zeti Akhtar Aziz
said Tuesday.

"It (the fall in ringgit) is not unique to Malaysia. It is happening to
other currencies as well," she told reporters on the sidelines of the launch of
Public Islamic Bank here.

"It is a global trend and reflects the strength of the dollar following
the deleveraging that is taking place and remmitting of funds to the dollar,"
she said.

Zeti added that what is important, is, for the market to remain orderly.
-- BERNAMA