27/02/2024
PETALING JAYA: Bank Negara Malaysia governor Abdul Rasheed Ghaffour right this moment stated that the ringgit is being undervalued, following stories that the foreign money is hitting a 26-year low.
“Given Malaysia’s optimistic financial fundamentals and prospects, the ringgit must be traded larger,” he stated in a press release. Rasheed additionally stated the central financial institution had stepped up its engagements with government-linked corporations, government-linked funding corporations, companies and traders to encourage steady inflows to the overseas trade market.
PETALING JAYA: Bank Negara Malaysia governor Abdul Rasheed Ghaffour right this moment stated that the ringgit is being undervalued, following stories that