The decision to make ringgit held abroad invalid has also dried up sources of ringgit held abroad that speculators borrow from to manipulate the ringgit, for example by selling short.
The principal measure taken were to move the ringgit from a free float to a fixed exchange rate regime.
In the same week, the ringgit strengthened a percent against various major currencies and was expected to appreciate further.
The value of the ringgit plummeted due to currency speculation, foreign investment fled, and the main stock exchange index fell by over 75 per cent.
The government pledged 26 million ringgit in aid to farmers in both states.
Razeleigh finally worn out after spend millions of ringgit to upkeep the party.
In 2005 the last of the crisis measures were removed as the ringgit was taken off the fixed exchange system.
Their operating budget for the year 2009 is 2.8 million ringgit.
