Malaysia Said to Plan Tighter Dollar-Ringgit Fixing Rules

Malaysia Said to Plan Tighter Dollar-Ringgit Fixing Rules

Goh Seng Chong/Bloomberg

The logo of Bank Negara Malaysia is displayed atop its headquarters in Kuala Lumpur, Malaysia. The bank last month told lenders they must use a ringgit fixing set domestically to settle foreign-exchange contracts involving the currency, a person familiar with the matter said on Jan. 29.