FMAM Press Release

admin/ August 23, 2015/ Latest News, 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 Bank Negara Malaysia.  Re-iterating and

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Malaysia Central Bank tells banks to use local FX reference rate

admin/ January 30, 2015/ Latest News

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 sent to heads of banks

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