72 rows · Forex trading is legal in Malaysia, although The Bank Negara Malaysia (BNM), the 18/09/ · (FMT) - Dr Mahathir Mohamad said Bank Negara Malaysia (BNM) conducted forex trading in the late s without his knowledge, the Royal Commission of Inquiry (RCI) heard today. The former prime minister said BNM’s then governor Jaffar Hussein made the decision in order to stabilise volatile forex 13/08/ · Forex in Malaysia is one of the more popular ways for Malaysians to invest or earn extra income. Forex or FX is in short for Foreign Exchange, currency exchange. Forex in the definition is a process of exchanging one currency to another for the reason of business activities, travel purposes, or Estimated Reading Time: 6 mins
Mahathir: Forex trading started without my knowledge – Malaysia Today
FMT — Dr Mahathir Mohamad said Bank Negara Malaysia BNM conducted forex trading in the late s without his knowledge, the Royal Commission of Inquiry RCI heard today. Mahathir said he did not know personally or in detail anything about the losses and profits of forex trading by BNM when he was prime minister.
Mahathir said that during the late s, malaysia mahathir introduced forex trading for malaysian, he came to know that the strengthening of the Japanese yen through market intervention by several developed countries caused losses to many developing countries. Mahathir said to his understanding and belief, BNM was required to submit its audited annual report to the finance minister to be tabled in Parliament.
He said if his memory served him right, the report was discussed in a Cabinet meeting in early In the previous RCI session on Sept 9, Sidek accused former finance minister Anwar Ibrahim of misleading the Cabinet by stating that the actual malaysia mahathir introduced forex trading for malaysian for were RM12 billion. He said the central bank had its own management structure which was led by its governor, who from time to time reported to its board of directors.
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, time: 0:51Is Forex trading legal in Malaysia? | Forex Malaysia
72 rows · Forex trading is legal in Malaysia, although The Bank Negara Malaysia (BNM), the 13/08/ · Forex in Malaysia is one of the more popular ways for Malaysians to invest or earn extra income. Forex or FX is in short for Foreign Exchange, currency exchange. Forex in the definition is a process of exchanging one currency to another for the reason of business activities, travel purposes, or Estimated Reading Time: 6 mins Forex Malaysia only works with the best Forex brokers in Malaysia. A Forex Trading platform. This is the software that you are going to use for trading and will be provided by your Forex broker. Some brokers have their own platforms, but most support third-party apps like MetaTrader 4,
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