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.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , FX Bank Negara , dollar , ringgit , forex , economy , onshore , offshore ,

Next In Business News

FBM KLCI moves slightly higher as traders practise caution
Ringgit edges up vs greenback on US-Iran talks hope
Asia markets advance on peace deal hopes, corporate earnings
S&P Global downgrades ASX after Australian regulator finds governance, risk failures
Trading ideas: Uzma, Tuju Setia, Dialog, LBS, Tropicana, MGB, Ni Hsin, Sunway, Country Heights, Infomina
SupportLine
Locked-in feed costs an advantage for Teo Seng Capital
Deleum’s RM2.5bil order book to fuel growth
Select consumer stocks to ride out cost volatility
CelcomDigi poised to remain as market leader

Others Also Read