Ringgit bolstered through joint efforts by BNM, GLCs, GLICs - Amir Hamzah

Finance Minister II Datuk Seri Amir Hamzah Azizan.— Bernama

KUALA LUMPUR: The collaboration among Bank Negara Malaysia (BNM), government-linked companies (GLCs) and government-linked investment companies (GLICs) is seen as positive and has helped to strengthen the ringgit, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

The move by BNM, along with the GLCs and GLICs, appears to have succeeded in encouraging continuous inflows into the foreign exchange market, he said.