Bank Negara Malaysia (BNM) Governor Datuk Abdul Rasheed Ghaffour on Wednesday (March 20) said the decline in the value of the ringgit is temporary and due to external factors.<br /><br />Nonetheless, he said BNM has and will continue to take concerted measures to manage short-term pressure on the ringgit which includes intensified efforts to encourage repatriation and conversion of foreign investment income by GLCs and GLICs.<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline