1.   It may come under renewed pressure after Southeast Asian neighbor Malaysia decided last week to stop defending the ringgit.

2.   Money market rates soared last month as the central bank tried to defend the ringgit from speculative attacks.

3.   Anwar also said Malaysia retained the option of raising interest rates to defend the ringgit if necessary.

4.   I agree with Tan Sri Ramon Navaratnam that there is no justification now for Malaysia to defend the ringgit against international speculation and manipulation.

5.   Suicide to defend ringgit against alien speculators, NEW STRAITS TIMES-

6.   Third, defending the ringgit is only a respite, a pause.

7.   This is the most natural thing to do as the country has lost a considerable amount of reserves in defending the ringgit.