Central Bank of Malaysia Act 2009 · Updated to 1 Nov 2020 · Part VIII · Currency
Section 65
Feedback & supportThe Bank may buy and sell ringgit
Bank
“Bank” means Bank Negara Malaysia or in English, the “Central Bank of Malaysia”;
The Bank shall at its discretion buy and sell ringgit against gold or any foreign currency eligible for inclusion in the foreign reserves set out under this Act.
foreign currency
“foreign currency” means currency notes or coins which are legal tender in any country, territory or place outside Malaysia and any reference to foreign currency in this Act includes a reference to any right to receive foreign currency in respect of any credit or balance at a bank or any other similar institution in or outside Malaysia;
66 Laws of Malaysia ACT 701
Exchange rate regime for ringgit