The government and Bank Negara Malaysia will take measures, including intervention, to limit excessive currency fluctuations. – BernamapicThe government and Bank Negara Malaysia are continuing to take various remedial measures to strengthen the value of the ringgit, including ensuring that the domestic foreign exchange market remains orderly, said the Ministry of Finance .
Integrated and coordinated action will also be taken to increase inflows into the foreign exchange market to strengthen the ringgit’s value, said the MoF. “Foreign investments that are carried out also need to be managed prudently such as protecting the value of foreign currency exposure and bringing back the results of foreign investments to reduce pressure on the ringgit,” said the MoF.
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