Bank Negara works with Asean peers to boost local currency settlement


KUALA LUMPUR: Bank Negara Malaysia (BNM) will work with its ASEAN counterparts to encourage businesses to use local currencies in facilitating trade within the region, said Deputy Governor Datuk Marzunisham Omar.

He noted that the central bank's focus at the country level as ASEAN-Malaysia chairmanship this year is to look at how the region should come together to further strengthen inter-regional trade and investment flows.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Bank Negara , BNM , Asean , Trade , Investment , Currency

Next In Business News

Merdeka 118 Community Grants backs nine projects under Cycle 3
Trump hikes US global tariff rate to 15%
The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets

Others Also Read