# Are central banks allowing markets to get a bad name? - Central Banking

> Central Banking discusses the dispute over Bank Negara Malaysia's curbs on offshore ringgit derivatives trading in Singapore. The governor's measures cut offshore volumes by more than 90 percent, drawing criticism from market participants who value offshore hedging.

- Date: 2017-06-30 · published 2017-06-30T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/70763-are-central-banks-allowing-markets-to-get-a-bad-name-central-banking
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Restrictions on offshore ringgit trading affect currency volatility and hedging costs for Malaysian commodity exporters. The price impact on feed commodities is indirect and limited.

## Read by commodity

- USDMYR: neutral

## Sources

- centralbanking.com: https://www.centralbanking.com/central-banks/financial-stability/3265881/are-central-banks-allowing-markets-to-get-a-bad-name

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