Tag: ringgit more stable with BNM measures
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Stability is very important for a currency – NOT for speculation
Today (18th january 2017), I read an article about Bank Negara Malaysia’s (BNM) comments about the ringgit. I think it helps everyone to understand the measures taken by BNM. The measures were meant to ensure that ringgit is used for trade purposes. Before these measures, the ringgit transactions for non-trade purposes was by far higher…