Bank Negara acts on liquidity issues in forex market

Bank Negara tackling complaints by investors from overseas that there aren

PETALING JAYA: Bank Negara said steps are being taken to address liquidity issues in the foreign exchange (forex) market amid complaints by investors from overseas that there aren’t enough US dollars in the onshore market for them to hedge their investment risks.

The lack of liquidity has been made worse since Bank Negara imposed, in December last year, the ban on non-deliverable forward trading.