Bank Negara will intervene in forex market to stem excessive movement | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Bank Negara will intervene in forex market to stem excessive movement

BNM assistant governor Adnan Zaylani says structural reforms and fiscal consolidation efforts by the government are supporting factors for the ringgit. – The Malaysian Insight file pic, June 27, 2023.

“The ringgit continues to be affected by global developments, but Malaysia’s expected economic growth in the range of 4-5%, structural reforms and fiscal consolidation efforts by the government are supporting factors for the ringgit,” said Adnan. Meanwhile, Financial Markets Association of Malaysia president Chu Kok Wei said financial markets in Malaysia continue to operate in an orderly manner and remain conducive to carrying out clients’ needs.

A recent forecast by analysts and economists continues to point to broad-based recovery against the US dollar by the end of the year, at an average of 4.56 versus the dollar in the third quarter and 4.5 in the fourth quarter. The FMC viewed recent movements in the ringgit exchange rate to be excessive considering the following factors:

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 8. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Bank Negara to stem excessive currency movements in forex marketIt expects ongoing measures by govt to further strengthen economy.
출처: malaysiakini - 🏆 20. / 51 더 많은 것을 읽으십시오 »