# Malaysia warns of currency  crackdown to stabilise ringgit | South China Morning Post

> Malaysia's central bank governor said it will punish misconduct in the foreign-exchange market, including exchange-rate fixing. From January 2018, it will publicly name banks found guilty and disclose penalties.

- Date: 2017-03-23 · published 2017-03-23T12:00:00.000Z
- Category: policy · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/72265-malaysia-warns-of-currency-crackdown-to-stabilise-ringgit-south-china-morning
- Commodities: [Malaysian Ringgit (MYR per USD)](https://feedsoft.ai/c/USDMYR.md)

## Why it matters

Tighter enforcement is meant to steady the ringgit, which affects Malaysian import costs for feed and palm oil. The direct effect on commodity prices is limited.

## Read by commodity

- USDMYR: neutral

## Sources

- scmp.com: https://www.scmp.com/business/banking-finance/article/2081741/malaysia-warns-currency-crackdown-stabilise-ringgit

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