Malaysia’s Central Bank Rejects Using Ringgit to Support Exports

Malaysia’s central bank said strong growth and ongoing reforms would provide support for the ringgit, ruling out using the currency to support exports, which it said are determined by global...

By Marcus Wong, Netty Idayu Ismail · Bloomberg Markets

Malaysia’s central bank said strong growth and ongoing reforms would provide support for the ringgit, ruling out using the currency to support exports, which it said are determined by global demand.