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Podcast  >  Morning Run  >  Market Watch  >  BNM on Export Proceeds: Greater Flexibility, Less Volatility

BNM on Export Proceeds: Greater Flexibility, Less Volatility

Anushka Shah, Vice-President, Senior Analyst, Sovereign Risk Group, Moody’s Investors Service

07-Sep-18 09:15

BNM on Export Proceeds: Greater Flexibility, Less Volatility

Bank Negara gave Malaysian exporters more flexibility in managing export proceeds. They can now transfer export proceeds to onshore accounts to meet up to 6 months of foreign currency obligations, without the need to first convert proceeds into ringgit.

Anushka explains why this latest measure is seen as 'credit positive' for Malaysia.

Presented by: Melisa Idris, Tan Chung Han


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Categories:  Personal FinanceInvestmentsFinancial LiteracyBusiness AnalysisTrends and ForecastsMarkets

Tags:  BNMBank NegaraMalaysiaRinggitVolatilityExportSovereign Credit Rating


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