Ringgit stages sharp rebound against US dollar
KUALA LUMPUR, May 26 — The ringgit rebounded sharply versus the greenback as US debt ceiling negotiations made headway, with the local currency also strengthening...
BNM looking for appropriate solution to shore up weakening ringgit
PUTRAJAYA, 26 May — Bank Negara is looking for an appropriate solution to shore up the weakening ringgit, a phenomenon that is expected to continue...
Property market remains robust despite OPR hike — Rehda Malaysia
PETALING JAYA, May 13 — The Malaysian property market remained robust despite the rise in the overnight policy rate (OPR) by 25 basis points to...
RHB Investment Bank maintains 2023 GDP growth forecast at five pct
KUALA LUMPUR, May 13 — RHB Investment Bank Bhd has maintained its 2023 gross domestic product (GDP) growth forecast at 5.0 per cent year-on-year (YoY)...
BNM governor denies OPR rise has resulted in bankruptcies going up
KUALA LUMPUR, May 12 — Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus has denied that the increase in the overnight policy...
MIDF Research expects upbeat domestic demand to boost first quarter 2023 GDP growth
KUALA LUMPUR, May 10 — MIDF Research expects the upbeat domestic demand momentum underpinned by a steady labour market, softening inflationary pressure, pick-up in tourism...
RHB Investment revises upward 2023 GDP target to 5.1 pct
KUALA LUMPUR, May 9 — RHB Investment Bank Bhd has revised upward its first quarter 2023 (1Q2023) gross domestic product (GDP) growth forecast to 5.1...
Alliance Bank to raise standardised base rate
KUALA LUMPUR, May 5 — Alliance Bank Malaysia Bhd and Alliance Islamic Bank Bhd will raise their standardised base rate (SBR) by 25 basis points...
Every 25bps hike in OPR will lift banks earnings forecast three to four pct — HLIB
KUALA LUMPUR, May 5 — Every 25 basis points hike in the overnight policy rate (OPR) will widen the banking sector’s net interest margin (NIM)...
Bank Negara likely to hold OPR at 3.0 pct for rest of 2023
KUALA LUMPUR, May 5 — Bank Negara Malaysia (BNM) has reached the end of its hiking cycle and will leave the overnight policy rate (OPR)...
Ringgit opens higher against US dollar following OPR hike
KUALA LUMPUR, May 5 — The ringgit opened higher against the US dollar on Friday, buoyed by the increase in the Overnight Policy Rate (OPR)...
OPR hike boosts ringgit to end higher against the greenback
KUALA LUMPUR, May 3 — The ringgit rose against the US dollar following the unexpected move by Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC)...