Ringgit opens strongly amid upcoming US Fed and BNM meetings
KUALA LUMPUR, Oct 30 — The ringgit opened higher against the US dollar and other major currencies on the first day of trading for the...
Malaysia to expand local currency framework with high-trade-value countries
KUALA LUMPUR, Sept 25 — The government and Bank Negara Malaysia (BNM) will continue to expand the Local Currency Settlement Framework (LCSF) cooperation with other countries,...
BMI sees Bank Negara Malaysia holding OPR at 3pct until end of 2024
KUALA LUMPUR, Sept 14 — BMI, a Fitch Solutions company, expects Bank Negara Malaysia to hold its overnight policy rate at 3.00 per cent until...
Central Bank to hike OPR by another 25 basis points this week, Moody’s Analytics predicts
KUALA LUMPUR, Sept 5 — Bank Negara Malaysia is expected to hike its overnight policy rate by 25 basis points to 2.5 per cent this...
Ringgit retreats amidst mixed sentiments
KUALA LUMPUR, Aug 10 — The ringgit opened easier against the US dollar this morning amidst mixed sentiments, coupled with the falling crude oil price,...
Economist: Transition to endemic status a boost to economy
KUALA LUMPUR, April 12 — Malaysia’s economy is expected to strengthen this year as the country transitions to the endemic phase, starting with the reopening...
Ringgit higher vs greenback after Permai announcement
KUALA LUMPUR, Jan 19 — The ringgit opens higher against the US dollar today, boosted by Prime Minister Tan Sri Muhyiddin Yassin’s announcement of the...
Ringgit slightly lower vis-a-vis greenback at opening
KUALA LUMPUR, Jan 18 — The ringgit opened slightly lower vis-a-vis the US dollar on Monday due to the strengthening of the greenback as a...
MCO: Fomca calls for loan moratorium extension, minimum wage support
KUALA LUMPUR, Jan 15 — The Federation of Malaysian Consumers Association (Fomca) has called on Bank Negara to extend the loan moratorium until at least...
Short-term rates to remain stable on BNM’s operations
KUALA LUMPUR, Aug 26 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) interventions to absorb surplus liquidity from the...
Malaysia’s official reserves at US$102.48 billion as at end-April
KUALA LUMPUR, May 29 — Malaysia’s reserves remained usable as at end-April 2020, with official reserve assets at US$102.484 billion, in accordance with the International...
Bank Negara to pay higher dividend of RM3.5bil to govt
MANCHESTER, April 3 — Bank Negara Malaysia (BNM) will pay a higher dividend of RM3.5 billion to the government for 2019, up 40 per cent...