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New Straits Timesnst.com.my

Malaysia to ramp up support for ringgit as foreign outflows, Fed rate outlook weigh (opens original article in a new tab)

TL;DR

Malaysia's central bank will enhance support for the ringgit amid foreign outflows and uncertain Fed rate expectations.

  • Malaysia's central bank plans to increase support for the ringgit
  • Measures include attracting foreign funds and encouraging repatriation of overseas earnings
  • Foreign outflows and Fed rate outlook are influencing the decision

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