AlHijjah 1, 1436, Sep 14, 2015, SPA -- Malaysian Prime Minister Najib Razak said Monday the government will pump 20 billion ringgit ($4.6 billion) into an equity fund to support the stock market and ruled out capital controls despite the ringgit's plunge, AP reported. The Malaysian ringgit is down 26 percent from a year earlier, breaching 4 ringgit to the dollar last month, it's weakest level in 17 years. The stock market is down 7.5 percent in the past three months. Najib reiterated the government has no plans to bring back capital controls as Malaysia's economy and financial system are in far better shape than during the Asian financial crisis.
