# Minister: BNM currency controls showing results | Malay Mail

> Malaysia's Minister Abdul Rahman Dahlan said Bank Negara's currency measures against offshore ringgit speculation had helped the currency recover and drew foreign investors back. He cited research houses and fund managers that viewed Malaysia positively.

- Date: 2017-06-02 · published 2017-06-02T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/70760-minister-bnm-currency-controls-showing-results-malay-mail
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Central bank restrictions that stabilize the ringgit influence the local cost of Malaysian palm oil exports. The article is about currency policy and has little direct effect on feed commodity prices.

## Read by commodity

- USDMYR: bearish ▼

## Sources

- malaymail.com: https://www.malaymail.com/news/malaysia/2017/06/02/minister-bnm-currency-controls-showing-results/1390939

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