Bank Negara monitors ringgit closely to ensure orderly financial market conditions

Bank Negara governor Tan Sri Nor Shamsiah Mohd Yunus

KUALA LUMPUR: Bank Negara continues to closely monitor and ensure orderly financial market conditions amidst external developments that have led to persistent strength in the US dollar against almost all currencies, including the ringgit.

In a statement, the central bank said the US dollar had strengthened significantly due to aggressive monetary policy tightening in the US.