Malaysia central bank to intervene in FX markets as ringgit losses 'excessive' streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR, June 27 (Reuters) - Malaysia s central
bank said on Tuesday it will intervene in the foreign exchange
market to stabilise the ringgit currency as recent
movements have been
KUALA LUMPUR: Bank Negara Malaysia (BNM) will intervene in the foreign exchange market to stabilise the ringgit currency to stem currency movements that are deemed excessive, according to assistant governor Adnan Zaylani.
Ringgit ends higher after central bank moves by Malaysia, China malaymail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from malaymail.com Daily Mail and Mail on Sunday newspapers.