Malaysia has been removed from the United States (US) Department of the Treasury’s (Treasury) monitoring list of major trading partners whose currency practices and macroeconomic policies merit close attention from the US.

The Treasury’s Office of International Affairs, in its November report to the US Congress titled “Macroeconomics and Foreign Exchange Policies of Major Trading Partners of the United States”, said Malaysia met one criterion in the last report (June) and November report.

“When a major trading partner meets two of the three criteria in the Trade Facilitation and Trade Enforcement Act of 2015...