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SINGAPORE, May 14 (Reuters) – The fresh strengthening of the Malaysian ringgit will not create problems for the rural’s exporters, Malaysian International Trade Minister Mustapa Mohamed said on Friday in Singapore.

‘It is not going to bear a big impact, we don’t think it is going to create problems for our exporters,’ Mustapa told a luncheon talk in Singapore.

The ringgit has been the strongest performing emerging Asian money; aggregate of coin against the U.S. dollar so far this year.

Malaysia’s central bank hiked its elucidation rate by 25 basis points to 2.5 percent on Thursday, in rope with market expectations to unwind emergency measures from the global downturn from growth surged to a 10-year high.

(Reporting by Nopporn Wong-Anan; Editing ~ the agency of Neil Chatterjee)

((nopporn.wong-anan@thomsonreuters.com; +65 6403 5665; Reuters Messaging: nopporn.wong-anan.reuters.com@reuters.gin) Keywords: MALAYSIA ECONOMY/TRADE

(If you have a query or comment on this story, e-mail to news.feedback.asia@thomsonreuters.com)

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