Bank Negara Malaysia has released a statement claiming search engine giant Google published the exchange rate of Malaysian Ringgit against the US Dollar inaccurately.
The Central Bank said the USD/MYR rate, published by Google on 5 February 2024 was misreported on Google as 6.24. However, the high and low trading range for USD/MYR recorded in the onshore interbank market for ringgit was between 4.7480 and 4.7630 on 5 February, as published on the BNM website.
The Bank has advised the public to exercise caution against using unverifiable sources as a reference for the ringgit.
