China’s central bank to use ‘precise, forceful’ policy to bolster recovery
BEIJING, Sept 27 — China’s central bank said today that it would step up policy adjustments and implement monetary policy in a “precise and forceful”...
2023 Monetary Policy to focus on managing inflation risks, supporting sustainable growth — BNM
KUALA LUMPUR, March 29 — The Monetary Policy Committee’s (MPC) monetary policy considerations will focus on managing inflation risks while supporting sustainable economic growth in...
Headline, core inflation to average between 2.8 pct and 3.8 pct in 2023 — BNM
KUALA LUMPUR, March 29 — Despite moderating in the fourth quarter (4Q) of 2022, headline inflation is expected to remain elevated in 2023, said Bank...
BOJ board member calls for keeping ultra-easy policy for now
TOKYO, Feb 22 — The Bank of Japan (BOJ) must maintain its ultra-loose monetary policy to allow time to see whether the recent rise in...
OPR can remain at 2.75 pct if inflation rate continues to subside — Minister
PUTRAJAYA, Jan 25 — The overnight policy rate (OPR) can remain at 2.75 per cent if the country’s inflation rate continues to subside in the...
CGS-CIMB forecasts FBM KLCI to end 2023 at 1,633
KUALA LUMPUR, Jan 4 — CGS-CIMB Securities Sdn Bhd expects the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) to finish 2023 at 1,633, up by...
Ringgit opens lower against US dollar on mild profit taking
KUALA LUMPUR, Oct 19 — The ringgit retreated against the US dollar this morning following mild profit-taking due to worries over the United States Federal...
Ringgit ends lower against US dollar
KUALA LUMPUR, May 9 — The ringgit ended lower against the US dollar today as the greenback continued to strengthen amid further monetary policy tightening...
Ringgit opens easier against US dollar
KUALA LUMPUR, April 11 — The ringgit opened slightly lower against the US dollar this morning as demand for the local currency moderated on the...
Singapore’s central bank to raise slightly rate of appreciation of policy band
SINGAPORE, Jan 25 — The Monetary Authority of Singapore (MAS) will raise slightly the rate of appreciation of its monetary policy band – Singapore dollar...
RHB revises Malaysia’s 2021 GDP growth forecast to 5.4 pct, expects BNM to cut OPR
KUALA LUMPUR, Jan 19 — RHB Banking Group has revised its forecast for Malaysia’s Gross Domestic Product (GDP) this year to 5.4 per cent from...
Bank Negara keeps OPR unchanged at 1.75 pct
KUALA LUMPUR, Nov 3 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 1.75 per...