# MYR/USD: Malaysia Central Bank Rejects Using Ringgit to Support Exports - Bloomberg

> Bank Negara Malaysia said the ringgit has never been an instrument for export competitiveness and ruled out using the currency to support exports. The central bank said it will keep ensuring orderly forex conditions while the ringgit remains market-determined.

- Date: 2026-01-30 · published 2026-01-30T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/21321-myr-usd-malaysia-central-bank-rejects-using-ringgit-to-support-exports-bloomberg
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

A firm policy stance against managed weakness means the ringgit's strength is unlikely to be reversed by官方 action, supporting the currency's appreciation trend and raising the ringgit cost of Malaysian exports such as palm oil.

## Read by commodity

- USDMYR: neutral

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2026-01-30/malaysia-won-t-use-ringgit-to-boost-exports-sees-currency-supported-by-growth

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