Following the statement by YAB Prime Minister on 14 April 2024, Bank Negara Malaysia (BNM) wishes to state that BNM stands ready to deploy the tools at our disposal to ensure the Malaysian financial markets remain orderly and continue to function efficiently.

BNM’s market operations will ensure sufficient liquidity and orderly functioning of the foreign exchange market. This is supported by the ongoing initiatives with GLCs, GLICs, corporates and exporters which continue unabated to further bring in flows and liquidity into the foreign exchange market.

BNM continues to closely monitor conditions in the financial markets and will manage any risks arising from heightened financial market volatility. BNM has engaged with financial market participants, including heads of treasury operations, who concur that any uncertainties would recede and stabilise once the geopolitical situation de-escalates.