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Pegging the ringgit not in Malaysia's best interest: BNM Governor

KUALA LUMPUR: Pegging the ringgit will not be in the best interest of Malaysia as it will have substantial risks, one of which is mirroring the monetary policy of the country that the local currency is pegged against, Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus said.
Kuala Lumpur Shamsiah Mohd Yunus Bank Negara Malaysia Gross Domestic Product Volatility Index Nor Shamsiah Mohd Yunus

Ringgit marginally higher against US dollar in early session | Money

KUALA LUMPUR, May 10 — The ringgit opened slightly higher against the US dollar today ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) meeting, which is scheduled for tomorrow. At 9.02am, the local note stood at 4.3820/3850 versus the greenback from Monday’s close of...
Kuala Lumpur United Kingdom Mohd Afzanizam Abdul Rashid Mohd Afzanizam Bank Islam Malaysia Bhd Us Federal Reserve Fed Fund Rate

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