CON­FER­ENCE ON BEN­E­FITS OF US­ING BAHT

The Sun (Malaysia) - - SUNBIZ -

KUALA LUMPUR: Bank Ne­gara Malaysia (BNM) and Bank of Thai­land (BoT) have jointly or­gan­ised a con­fer­ence to cre­ate aware­ness on the ben­e­fits of us­ing Thai baht for trade set­tle­ments among Malaysian busi­nesses. In a state­ment, BNM said the con­fer­ence, themed “Malaysian Ring­git and Thai Baht Lo­cal Cur­rency Set­tle­ment Frame­work: Fu­ture Prospects” would ben­e­fit busi­nesses by min­imis­ing risks as­so­ci­ated with volatil­i­ties in in­ter­na­tional cur­ren­cies. – Ber­nama

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