# BNM advocates reforms to support ringgit reliably | Malay Mail

> Bank Negara Malaysia said in its 2024 annual report that structural reforms, not reserve spending, are needed to address long-term ringgit pressure. The ringgit has averaged 4.41 per dollar over six months. The central bank is also facing a reported cash crunch among three central banks.

- Date: 2025-03-24 · published 2025-03-24T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/25864-bnm-advocates-reforms-to-support-ringgit-reliably-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Limited use of reserves means the ringgit may stay exposed to swings, which can change the dollar price of Malaysian palm oil.

## Sources

- malaymail.com: https://www.malaymail.com/news/malaysia/2025/03/24/bnm-advocates-reforms-over-forex-intervention-to-support-ringgit-reliably/170688

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