KUALA LUMPUR: Bank Negara and the Bank of Thailand (BoT) have further expanded the ringgit-baht settlement framework effective Dec 1, 2021.
In a joint statement yesterday, the central banks said this was part of the continuous effort to facilitate wider use of local currencies for settlement of trade and direct investment between Malaysia and Thailand.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!