BNM's intervention in forex market is not out of the ordinary: Rafizi

Economy Minister Rafizi Ramli - IZZRAFIQ ALIAS/The Star

PUTRAJAYA: Intervention in the foreign exchange (forex) market is a normal and routine matter for Bank Negara Malaysia (BNM), which continuously monitors capital inflows and outflows, said Economy Minister Rafizi Ramli.

According to him, there is a need for BNM to monitor the currency rate movements amid certain situations, especially those involving a large amount of ringgit.