However, it said sukuk bucked the trend following a net gain of RM65 mil.
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Share on whatsapp. Share on email. Latest News. But he added that "sentiment has been damaged and the ringgit should remain on edge.
Central Bank of Malaysia
For the ringgit , the trend since the U. By Thursday, dollar climbed as much as 6. Sentiment on the ringgit was also hurt by the central bank's warning to foreign banks to restrict trading in offshore non-deliverable forwards NDFs on the currency, which have fallen further than the spot rate. While that moved appeared to be only a reinforcement of existing regulations, it spooked traders.
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For its part, BNM appeared to stand behind its figures. A resident individual or entity group of entity with Domestic Ringgit Borrowing status are permitted to invest in foreign currency FCY asset with the following sources and limits;.
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The limit imposed for transactions without supporting documents or purpose of transaction, as stated below;. For any amounts beyond RM10, customer is required to produce supporting documents or purpose of transaction.
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