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Business : Govt to continue efforts to improve foreign investor sentiment -- Tengku Zafrul

Bernama LogoBernama2 mo ago

Business : Govt to continue efforts to improve foreign investor sentiment -- Tengku Zafrul

Quick Summary

KUALA LUMPUR, Oct 4 (Bernama) -- The government will continue to intensify efforts to improve foreign investor sentiment towards Malaysia by implementing policies that can boost Malaysia’s attraction as an exciting investment destination.

He said that while BNM does not target any exchange rate level, the central bank strives to prevent drastic or extreme changes in the ringgit’s value in order to help businesses plan and implement business decisions and investments better.

Tengku Zafrul said there is no easy or quick fix for the ringgit’s weakness against the US dollar.“However, BNM uses operational policy instruments to ensure an orderly foreign exchange (forex) market,” he added.


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News Analysis

Category: Nation Politics

Topics: Investments Malaysia Tengku Market Government Zafrul Foreign Bernama Risks

Source Website Secure: No (HTTP)

Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

News Source URL: bernama.com

Readership Location: Malaysia

Published Date: 2022-10-04, 13:52:02

News Timezone: GMT +8:00

Language: English

Original Article Length: 460 words

Reading Duration: 3 minutes read

Compatibility: Desktop Web, Mobile Web, iOS App, Android App

News ID: 2835290

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About Publisher

Name: Bernama

Main Topics: NationPolitics

Official Website: bernama.com

Update Frequency: 86 posts per day

Last Update: 1d ago

Headquarters: Malaysia

Coverage Areas: Malaysia

Publication Owner: Independent Company

Publication Timezone: GMT +8:00

Languages Covered: English

RSS Feed: Available (XML)

API Available: Yes

Website Security: Secure (HTTPS)

Publisher ID: #21

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