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FMAM Press Release

PERSATUAN PASARAN KEWANGAN MALAYSIA (ACI – FINANCIAL MARKETS ASSOCIATION OF MALAYSIA)   22nd August 2015 The Financial Markets Association of Malaysia is encouraged by the Prime Minister & Finance Minister’s assurance that Malaysia will not impose capital controls nor peg the Malaysian Ringgit. This follows on from the same commitment made recently by the Governor of […]

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Malaysia Central Bank tells banks to use local FX reference rate

Jan 29 (Reuters) – Malaysia’s central bank said it has told domestic banks they must use a reference rate produced by the country’s foreign exchange association for ringgit foreign exchange contracts. The central bank’s directive would exclude use of a Singapore-based fixing that is currently used by many traders in the market. The directive was […]