Bank Negara Malaysia maintains orderly financial markets and a resilient financial system through continuous surveillance and risk management frameworks
KUALA LUMPUR: The government, through Bank Negara Malaysia (BNM), ensures financial markets remain orderly and the country’s financial system stays resilient amid global uncertainties.
This is achieved through continuous market surveillance and comprehensive risk management frameworks, according to the Finance Ministry.
The ministry stated that the movement of the ringgit continues to be determined by market forces.
“BNM does not target any specific level for the ringgit,” it said in a parliamentary reply published today.
Its focus is to ensure the ringgit is traded in an orderly manner, with the central bank ready to take appropriate measures against disorderly currency movements.
The reply addressed questions from Senator Nik Mohamad Abduh Nik Abdul Aziz regarding BNM’s risk management for ringgit stability and financial system resilience.
The government and BNM have taken integrated actions to encourage capital inflows into the forex market to stabilise the ringgit.
This includes encouraging government-linked companies to repatriate foreign investment income and convert it into ringgit more consistently.
BNM also implemented the Qualified Resident Investor programme in July 2025 to support two-way fund flows in the forex market.
As of March 1, 2026, the ringgit had appreciated by 4.31% to RM3.89 against the US dollar.
This appreciation rate was among the highest for regional currencies.
When measured against a basket of main trading partners’ currencies, the ringgit’s nominal effective exchange rate increased 6.1% in 2025.
It rose a further 2.8% as of mid-February 2026.
