News Formal

BNM's intervention in forex market is not out of the ordinary: Rafizi

  • 📰 staronline
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 75%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Rafizi said there is a need for BNM to monitor the currency rate movements amid certain situations, especially those involving a large amount of ringgit. Report:

According to him, there is a need for BNM to monitor the currency rate movements amid certain situations, especially those involving a large amount of ringgit.

BNM assistant governor Adnan Zaylani, who is also the Financial Markets Committee chairman, said in a statement yesterday that BNM would intervene in the forex market to stem currency movements that were deemed excessive. On the moderation of inflation rate to 2.8 per cent in May 2023, Rafizi said this was the lowest level since the inflation downtrend that began in September 2022 at 4.5 per cent.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 4. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

BNM intervention in forex market normal, says Rafizi | The Malaysian InsightCentral bank monitors currency rate movements, especially those involving large amounts of ringgit.
Källa: msianinsight - 🏆 8. / 63 Läs mer »

Rafizi: Bank Negara’s intervention in forex market not out of the ordinaryPUTRAJAYA, June 28 — Intervention in the foreign exchange (forex) market is a normal and routine matter for Bank Negara Malaysia (BNM), which continuously monitors capital...
Källa: malaymail - 🏆 1. / 86 Läs mer »