Ringgit a top performer in region since govt coordination measures implemented - Amir Hamzah
Published on 19 Mar 2024 3:39:19 PM
The ringgit was in first place compared to nine other regional countries since the coordination measures among the government, Bank Negara Malaysia (BNM), government-linked investment companies (GLICs) and government-linked companies (GLCs) were implemented on Feb 26, 2024.
Finance Minister II Datuk Seri Amir Hamzah Azizan said the local currency’s performance was based on data from BNM’s Financial Markets Committee on March 1, 2024, which stated that there was an immediate impact on market trends and increased market interest in the ringgit.
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The ringgit was in first place compared to nine other regional countries since the coordination measures among the government, Bank Negara Malaysia (BNM), government-linked investment companies (GLICs) and government-linked companies (GLCs) were implemented on Feb 26, 2024.
Finance Minister II Datuk Seri Amir Hamzah Azizan said the local currency’s performance was based on data from BNM’s Financial Markets Committee on March 1, 2024, which stated that there was an immediate impact on market trends and increased market interest in the ringgit.
Read more at https://tinyurl.com/3nxjenbf
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline