KOTA KINABALU: Prime Minister Datuk Seri Anwar Ibrahim says the ringgit is set for its best run in 14 years because of the collective effort of Malaysians.

In his speech at PKR's Himpunan Perdana Rakyat here today, Anwar credited government policies and the country's strong diplomatic and economic ties with other countries.

He said he was invited to discussions by the world's top leaders including Russian President Vladimir Putin and Indian Prime Minister Narendra Modi because of these government policies and the collective efforts of all Malaysians.

"It is not because of me, it is not because of Anwar but the government policies, our strength and unity.

"This is because of our team in the Madani government, because of the efforts of the people. This is why we are respected."

It was previously reported that the ringgit is set for its best run in 14 years on the back of optimism over the economy and the inflow of foreign funds.

Anwar said he received the invitations as both Malaysia and Sabah's representative.

Anwar, who is also Finance Minister, said that he has always included Sabah when he talked about possible investment on tourism, new technology and renewable energy during his visits to foreign countries.

However, he said he would never compromise Malaysia's sovereignty even with such strong ties with foreign nations.

He said this while citing Malaysia's strong ties with the Philippines and the issue surrounding a claim over Sabah.

"My personal relationship with Philippine president Bongbong Marcos. He treats me as one of his good friends.

"Therefore, we need to discuss properly. But when it comes to sovereignty of the country and the position of Sabah in Malaysia, we will not compromise at all."

https://www.nst.com.my/news/nation/2024/08/1086546/ringgits-best-run-14-years-team-effort-says-anwar-watch