KUALA LUMPUR, Oct. 16 (Xinhua) -- Despite heightened global volatility, driven by U.S. tariff developments, concerns over global growth and geopolitical tensions, Malaysia's central bank said Thursday that Malaysia's financial market conditions remained orderly.

The Financial Market Stress Index peaked in May but has since moderated, reflecting stabilization across all asset classes, the bank said in a statement.

Malaysia's favorable economic prospects, ongoing structural reforms and continued engagements with corporates are expected to provide support for ringgit. ■