24-June-2026
Economy News
 
Malaysia to Ramp up Support for Ringgit as Foreign Outflows, Fed Rate Outlook Weigh
24-Jun-2026

Malaysia's central bank said on Wednesday it would step up efforts to support the ringgit, including measures to attract foreign funds and encourage state-linked firms and companies to repatriate overseas earnings. Bank Negara Malaysia said its Financial Markets Committee, which met to review the ringgit's more than 4% decline so far in June, noted that the country's economic fundamentals remain strong and that the onshore foreign exchange market continues to function smoothly.

News Source:- https://money.usnews.com/investing/news/articles/2026-06-23/malaysia-to-ramp-up-support-for-ringgit-as-foreign-outflows-fed-rate-outlook-weigh