KUALA LUMPUR, March 1 — The Financial Markets Committee (FMC) agrees with the assessment that the ringgit’s current level is deemed undervalued, particularly as Malaysia’s...
KUALA LUMPUR, March 1 — The ringgit was slightly lower against the US dollar at Friday’s closing, although sentiment towards the local currency remains favourable,...
KUALA LUMPUR, Feb 29 —The ringgit ended higher against the US dollar on Thursday, spurred by Bank Negara Malaysia’s comments on its valuation. At 6 pm,...
KUALA LUMPUR, Feb 29 — Malaysia’s international reserves amounted to US$114.85 billion at the end of January, while other foreign currency assets stood at US$2.30...
KUALA LUMPUR, Feb 27 — Bank Negara Malaysia (BNM) has stepped up its engagements with government-linked investment companies, government-linked companies, corporations, and investors to encourage...