Vietnam central bank says it’s ready to intervene in forex market; dong now at record low against dollar
At 6 pm, the ringgit stayed almost unchanged at 4.7395/7425 versus the greenback from Wednesday’s close of 4.7390/7440. He noticed that at Bank Negara Malaysia’s Monetary Policy Committee meeting today, the central bank is sanguine about the economic growth prospect while remaining vigilant on inflation risk.
"External factors, namely shifting expectations of major economies’ monetary policy paths and ongoing geopolitical tensions, have led to heightened volatility in both capital flows and exchange rates across the region, including the ringgit,” it said.
Ringgit US Dollar Mohd Afzanizam OPR BNM Bank Negara
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