Stronger ringgit: Year-to-date, the ringgit has gained 2.05% against the US dollar, which makes the Malaysian currency one of the top performers in the region so far this year.
PETALING JAYA: Bank Negara announced several measures to increase the demand for the ringgit and reduce its volatility against the US dollar.
Among the measures are that exporters are to convert 75% of their proceeds into ringgit effective Monday.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
