Successful taming of ringgit and rupiah volatility creates new danger

At 9 am(0100gmt), the local unit stood at 4.2815/2845 against the greenback from 4.2760/2790 on Monday. (Filepic)

KUALA LUMPUR: Policymakers in Indonesia and Malaysia have been so successful in quashing currency volatility that this is breeding a new danger: complacency.

Traders are being deprived of the experience to cope when fluctuations inevitably return, according to PT Bank OCBC NISP in Jakarta.