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BNM on Export Proceeds: Greater Flexibility, Less Volatility

4 mins·09:15, 7 Sept 2018
podcast image

BNM on Export Proceeds: Greater Flexibility, Less Volatility

4 mins
·
09:15, 7 Sept 2018
·

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.

Presenter: Melisa Idris, Tan Chung Han

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