# Govt will monitor ringgit’s performance | Borneo Post Online

> Malaysian Finance Minister Lim Guan Eng says the government will monitor the ringgit's performance and judge it annually rather than intervene now. The comments follow the currency's recent fall tied to FTSE Russell's possible bond index exclusion.

- Date: 2019-04-23 · published 2019-04-23T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/59841-govt-will-monitor-ringgit-s-performance-borneo-post-online
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Without an intervention policy, the ringgit may keep following market flows, which affects Malaysian import costs and palm oil pricing in ringgit terms. The effect on feed prices is small.

## Read by commodity

- USDMYR: neutral

## Sources

- theborneopost.com: https://www.theborneopost.com/2019/04/24/govt-will-monitor-ringgits-performance/

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