PETALING JAYA: Bank Negara Malaysia (BNM) will engage with Google over the latter’s “inaccurate” reporting of the ringgit exchange rate against the US dollar (USD) yesterday.
PETALING JAYA: Bank Negara Malaysia will engage with Google over the latter’s “inaccurate” reporting of the ringgit exchange rate against the US dollar yesterday.
Referring to the first incident of misreporting by Google on Feb 6, the central bank said it had issued a “stern” warning letter to the company at that time. It added that, yesterday, the ringgit to USD exchange rate was quoted at RM4.7015 at 9am and RM4.7045 at 5pm, with an intraday high of RM4.7075 in the onshore interbank market for ringgit, as published on the BNM website.The ringgit has strengthened against the greenback by 0.76% since the beginning of March, it said.
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