"BNM may sell US dollar forward to intervene as it did in the past. "Or it may hike rates to help the currency ward off any imported inflation,” he told Bernama. "We have not seen any evidence ...

In December 2016, BNM stipulated that local exporters must convert 75 per cent of the revenue generated from exports into ringgit and only 25 per cent is allowed to be retained in foreign currency.

KUALA LUMPUR - Bank Negara Malaysia (BNM) stands ready to deploy the tools at its disposal to ensure the Malaysian financial markets remain orderly and continue to function efficiently in light of ...