Bank Negara building in Kuala Lumpur.

Malaysia: Bank Negara on the alert

KUALA LUMPUR: Bank Negara is closely monitoring conditions in the financial markets, in light of the recent developments surrounding the country’s political landscape.

“While ringgit movements will continue to be market-determined, Bank Negara’s market operations will ensure sufficient liquidity and orderly financial market conditions, ” it said in a statement here yesterday.

At 5 pm the ringgit was traded at 4.2230/2270 as against the US dollar. — Bernama

Source: https://www.thestar.com.my/business/business-news/2020/02/25/bank-negara–on-the-alert