KUALA LUMPUR, June 24 (Xinhua) -- Malaysia's central bank said on Wednesday it would continue to step up measures aimed at encouraging foreign exchange (forex) inflows and supporting the ringgit.
The measures, including the Qualified Resident Investor program and ongoing engagements with government-linked companies, government-linked investment companies and corporates to repatriate and convert overseas earnings, will remain in place and be further intensified, Bank Negara Malaysia's (BNM) Financial Markets Committee (FMC) said in a statement.
BNM reiterated that it would continue to closely monitor developments in the financial markets and reaffirmed its commitment to maintaining orderly market conditions.
The committee said Malaysia's favorable macroeconomic fundamentals remained intact, supported by stronger-than-expected trade performance and stable inflation.
The FMC also noted that Malaysia's onshore foreign exchange market remained healthy, with average daily forex turnover rising to 21.3 billion U.S. dollars this year from 19.8 billion US dollars in 2025, supported by balanced two-way flows.
"Looking ahead, external developments, as well as domestic factors, are expected to continue driving the ringgit performance, but Malaysia's solid economic profile will help to provide enduring support to the ringgit," it said. ■