# No need for more moves to stabilise ringgit, says Johari

> Second Finance Minister Johari Abdul Ghani said on 6 April 2017 that no further measures are needed to curb ringgit movements. The gap between offshore and onshore prices is now stable. He reiterated Malaysia's commitment to free capital flows and no currency pegging.

- Date: 2017-04-07 · published 2017-04-07T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/71759-no-need-for-more-moves-to-stabilise-ringgit-says-johari
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Removing the threat of new capital controls reduces the risk of disorderly ringgit moves. This is neutral for Malaysian commodity pricing.

## Read by commodity

- USDMYR: neutral

## Sources

- malaysiakini.com: https://www.malaysiakini.com/news/378340

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