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New Straits Timesnst.com.my

Bank Negara steps up ringgit defence, economists say recent weakness is correction [WATCH] (opens original article in a new tab)

TL;DR

Bank Negara will increase efforts to support the ringgit, with economists stating the recent weakness is a correction. The central bank aims to attract foreign capital inflows and encourage repatriation of overseas earnings by government-linked companies and corporates.

  • Bank Negara will increase efforts to support the ringgit
  • Economists describe recent ringgit weakness as a correction
  • Bank Negara aims to attract foreign capital inflows

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