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Bank Negara Malaysia said the onshore forex market remains open and it stands ready to provide liquidity. It warned licensed banks against facilitating ringgit non-deliverable forward trades and said there are no new foreign exchange rules.
The move followed a sharp spike in offshore NDF trading.
Tighter control of offshore ringgit trading reduces speculative pressure on the currency, which helps keep local import costs for feed ingredients more predictable. The direction for the ringgit is unclear from the statement alone.
theedgemalaysia.comNov 1, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
