KUALA LUMPUR: The ringgit was in first place compared to nine other regional countries since the coordination measures among the government, Bank Negara Malaysia (BNM), government-linked investment companies (GLICs) and government-linked companies (GLCs) were implemented on Feb 26, 2024.
Finance Minister II Datuk Seri Amir Hamzah Azizan also said that based on BNM’s Financial Markets Committee statement on March 1, 2024, there was an immediate impact on market trends with increased market interest in the ringgit.
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