# Malaysia only on watchlist, not as currency manipulator | Borneo Post Online

> Malaysia's finance minister said the country was placed only on a US Treasury watchlist for currency manipulation, not labelled a manipulator. He noted Malaysia meets two of the three criteria, and does not meet the net foreign currency purchase test. The government intends to stay on the watchlist and seek an exit without letting the ringgit weaken sharply.

- Date: 2019-10-31 · published 2019-10-31T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/56832-malaysia-only-on-watchlist-not-as-currency-manipulator-borneo-post-online
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

The status limits the near-term risk of US action on the ringgit, which keeps Malaysian import costs for dollar-priced feed inputs more stable.

## Read by commodity

- USDMYR: neutral

## Sources

- theborneopost.com: https://www.theborneopost.com/2019/11/01/malaysia-only-on-watchlist-not-as-currency-manipulator/

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