# BNM ensures orderly forex market

> 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.

- Date: 2026-11-01 · published 2026-11-01T06:11:19.890Z
- Category: policy · region Malaysia · magnitude medium
- Page: https://feedsoft.ai/events/4292-bnm-ensures-orderly-forex-market
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

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.

## Read by commodity

- USDMYR: neutral

## Sources

- theedgemalaysia.com: https://theedgemalaysia.com/article/bnm-ensures-orderly-forex-market

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