Dr M moots currency backed by gold

Prime Minister Dr Mahathir Mohamad speaks at the 25th International Conference on The Future of Asia in Tokyo today. (Bernama pic)



TOKYO: Prime Minister Dr. Mahathir Mohamad says Malaysia is proposing a new currency based on gold, as this would be more stable than the current currency trading which is manipulative.


He said the precious metal could be used to evaluate import and exp