BNM: Ringgit will rise when foreign uncertainty subsides

KUALA LUMPUR: The Malaysian ringgit’s performance will improve when uncertainties from global market developments subside, reflecting Malaysia’s sound economic fundamentals, Bank Negara Malaysia said.

the movements in the ringgit would continue to be market-determined and Bank Negara would continue to manage the risks. Its market operations will ensure sufficient liquidity and the orderly functioning of financial markets, it told Bernama.