PETALING JAYA: Bank Negara is now allowing multilateral development banks (MDBs) and foreign development financial institutions (DFIs) to issue ringgit-denominated debt securities for funding in Malaysia and provide ringgit financing to resident corporates.
The move to liberalise the foreign exchange policy for international financial institutions is done to support investments in Malaysia.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
