Ringgit opens higher against US dollar on buying interest
KUALA LUMPUR, Aug 11 — The ringgit opens higher against the US dollar on Thursday, buoyed by rising buying interest despite the falling crude oil...
Malaysia’s economy likely grew at the fastest pace in a year in April – June — Reuters poll
KUALA LUMPUR, Aug 10 — Malaysia’s economy grew at its fastest pace in a year last quarter, thanks to a strong rebound in private consumption...
Gradual increase in OPR does not cause significant impact, says deputy finance minister
KUALA LUMPUR, Aug 9 — The gradual increase in the Overnight Policy Rate (OPR) will not cause a significant impact, said Deputy Finance Minister 1...
Bank Negara may continue to increase OPR next month — Kenanga Research
KUALA LUMPUR, Aug 8 — Bank Negara Malaysia (BNM) is likely to maintain its hawkish stance in September and increase the overnight policy rate (OPR)...
BNM’s international reserves grow to US$109.2 bln as of July 29
KUALA LUMPUR, Aug 5 — Bank Negara Malaysia’s (BNM) international reserves expanded to US$109.2 billion as of July 29, 2022, up from US$107 billion recorded...
Consumer Credit Act to regulate consumer credit services, protect the vulnerable
KUALA LUMPUR, Aug 4 — Efforts to promote a trusted and confidence-inducing consumer credit ecosystem are underway through the consolidation of the credit industry regulatory...
BNM: APG concludes meeting with strengthened efforts to combat global financial crimes
KUALA LUMPUR, July 29 — The Asia/Pacific Group on Money Laundering (APG) has concluded its hybrid annual meeting with over 370 international delegates from around...
Investment banks expect BNM to raise OPR by at least 25 basis points in 2022
KUALA LUMPUR, July 28 — Local investment banks expect Bank Negara Malaysia (BNM) to raise the overnight policy rate (OPR) by at least 25 basis...
31,169 online crime cases recorded from 2021 until June 30
KUALA LUMPUR, July 27 — A total of 31,169 online crime cases were recorded from 2021 until June 30, this year, said the Ministry of...
Ringgit relatively stable compared with currencies of key trading partners — BNM
KUALA LUMPUR, July 26 — The ringgit has remained relatively stable when compared with the currencies of Malaysia’s major trading partners, while the country’s nominal...
Malaysian economic recovery continues with support from domestic activities, external demand — BNM
KUALA LUMPUR, July 26 — Malaysia’s economy is firmly on a recovery path supported by domestic activities and positive external demand. The economy is expected...
BNM’s international reserves rise to US$107.0 bln as of July 15
KUALA LUMPUR, July 22 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$107.0 billion as of July 15, 2022. The reserves position is sufficient...