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...
Manufacturing sector to slow further, FMM remains cautious about rest of the year
KUALA LUMPUR, Sept 11 — The Federation of Malaysian Manufacturers (FMM) said the country’s manufacturing sector slowed down further in the first half of 2023...
Ringgit slightly lower against US dollar at close
KUALA LUMPUR, Sept 7 — The ringgit ended almost flat against the US dollar on Thursday, weighed by weaker oil prices despite Bank Negara Malaysia’s...
BNM maintains overnight policy rate at three pct
KUALA LUMPUR, Sept 7 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) announced a status quo on interest rates after deciding to maintain the...
Ringgit eases as greenback strengthens on inflation concerns
KUALA LUMPUR, Sept 7 — The ringgit eased further against the US dollar as fresh worries over sticky US inflation kept investors away from emerging markets. At...
REHDA: Property industry able to absorb another OPR hike if there is one
PETALING JAYA, Aug 17 — The Real Estate and Housing Developers’ Association (Rehda) Malaysia is optimistic that the property industry will be able to absorb...
Govt rules out pegging the ringgit
KUALA LUMPUR, June 20 — The government maintains its position not to peg the ringgit in dealing with its weakness compared to the US dollar...
Ringgit opens lower against US dollar, breaching 4.6 level
KUALA LUMPUR, May 25 — The ringgit extended its downtrend against the US dollar this morning, breaching the 4.6 level as the greenback continued to...
BNM expected to maintain OPR at 2.75 pct in May MPC meeting — Analysts
KUALA LUMPUR, April 28 — Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 2.75 per cent in the next...
2023 retail trade growth to reach 8.9 pct — MIDF Research
KUALA LUMPUR, April 11 — MIDF Research is optimistic that 2023’s retail trade growth will be able to touch +8.9 per cent, considering the macroeconomic...
BNM to assess impact of 100-bps OPR hike before taking further action
KUALA LUMPUR, April 3 — Bank Negara Malaysia (BNM) will assess the impact of raising the overnight policy rate (OPR) by 100 basis points (bps)...
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...