# Bank Negara steps up ringgit defence, economists say recent weakness is correction [WATCH] | New Straits Times

> Bank Negara Malaysia said it would step up efforts to support the ringgit, including attracting foreign capital and encouraging government-linked companies to repatriate overseas earnings. The ringgit had fallen more than 4% against the dollar in June to a seven-month low, which the central bank attributed to cautious foreign positioning and US rate hike expectations.

- Date: 2026-06-25 · published 2026-06-25T12:00:00.000Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/19069-bank-negara-steps-up-ringgit-defence-economists-say-recent-weakness-is
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Official support may slow ringgit depreciation, easing the cost of dollar-denominated feed and oilseed imports for Malaysia. The pace of Fed hike expectations will determine whether the support holds.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- nst.com.my: https://www.nst.com.my/amp/business/economy/2026/06/1472139/bank-negara-steps-ringgit-defence-economists-say-recent-weakness

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.