Zafru pointed out that the government would leave it to Bank Negara to decide whether or not to compel exporters to convert their export proceeds into Ringgit.
Zafrul: It’s BNM’s Call For Export Proceeds Into Ringgit
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BNM Will Likely Raise OPR To 3.25%
Bank Negara Malaysia (BNM) is expected to increase the Overnight Policy Rate (OPR) to 3.25 percent.