Malaysia's removal from US currency watch list affirms ringgit's market -driven status | TheStarTV.com

Malaysia's removal from US currency watch list affirms ringgit's market -driven status

Published on 15 Nov 2024 6:57:47 PM

Bank Negara Malaysia (BNM) welcomed Malaysia’s removal from a US currency manipulation watch list, affirming the ringgit’s market-driven status.

Governor Datuk Seri Abdul Rasheed Ghaffour stressed that Malaysia has never used its exchange rate to gain a competitive advantage in the market.

He said during Friday's (Nov 19) third quarter (3Q) 2024 gross domestic product (GDP) press conference.

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Keywords
ringgit, us currency monitoring list, fed, us presidency, interest rate

Bank Negara Malaysia (BNM) welcomed Malaysia’s removal from a US currency manipulation watch list, affirming the ringgit’s market-driven status.

Governor Datuk Seri Abdul Rasheed Ghaffour stressed that Malaysia has never used its exchange rate to gain a competitive advantage in the market.

He said during Friday's (Nov 19) third quarter (3Q) 2024 gross domestic product (GDP) press conference.

WATCH MORE: https://thestartv.com/c/news
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Keywords:
ringgit, us currency monitoring list, fed, us presidency, interest rate

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