KUALA LUMPUR: Malaysia could consider a framework for the yuan-ringgit cross currency market as it looks to boost the use of the Chinese currency in its market, a central bank official said.
The framework will be similar to the existing Thai baht-ringgit agreement that gave market makers certain flexibilities to facilitate doing business, Bank Negara assistant governor Adnan Zaylani Mohamad Zahid said in a speech posted on the central bank’s website. (http://bit.ly/2f8wuVV)
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