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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.
See omnystudio.com/listener for privacy information.
By BFM Media3.5
22 ratings
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.
See omnystudio.com/listener for privacy information.

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