Central Bank of Malaysia Act 2009 · Updated to 1 Nov 2020 · Part VIII · Currency
Section 66
Feedback & support(1)
The exchange rate regime for the ringgit shall be determined by the Minister on the recommendation of the Bank.
Minister
Defined · s 2
“Minister” means the Minister charged with the responsibility for finance;
(2)
The Bank shall autonomously conduct foreign exchange operations for the efficient and effective functioning of the exchange rate regime and the foreign exchange market.
Bank
Defined · s 2
“Bank” means Bank Negara Malaysia or in English, the “Central Bank of Malaysia”;