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
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
