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Malaysia's ringgit crackdown deterring overseas investors

Wednesday, February 8, 2017 - 05:50

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Malaysia's crackdown on currency speculators has come at a cost. While it successfully reduced ringgit volatility, it is threatening to discourage overseas investors.

Kuala Lumpur

MALAYSIA'S crackdown on currency speculators has come at a cost. While it successfully reduced ringgit volatility, it is threatening to discourage overseas investors.

The central bank's steps to curb trading in offshore non-deliverable forwards last year has made it

sentifi.com

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