The ringgit’s recent appreciation has been attributed to sound government policies, but the strengthening may be transitory in nature, says an ISEAS - Yusof Ishak Institute academic. SINGAPORE: The Malaysian ringgit has appreciated by close to 11 per cent against the US dollar between mid-June and end-September this year. Political leaders from the country’s ruling coalition were quick to attribute this reversal of the ringgit’s fortunes to “sound government policies”. These policies include,