Currency strengthens against US dollar after Malaysia’s 6.3 pct Q4 growth beat expectations
Exceptional GDP outperformance above advance estimates driven primarily by stronger services growth
Despite expected benefits to consumers, experts noted that impact will take time to be fully felt on the ground
Local note firms buoyed by improved market sentiment as cbank maintains 2.75 rate
Central bank considers monetary policy stance appropriate, supportive of economy, consistent with price stability
Analyst believes BNM to retain OPR as MPC meeting today will be to assess global economic conditions, shape monetary policy outlook
National CPI expected to trend slightly higher this year due to low base effect, domestic policy adjustments, communication-related inflation
Local note on track to strengthen further in 2026, says economists
Expectation of narrower gap between US Fed's funds rate, BNM OPR will likely support local note's appreciation, says analyst
Softer global oil, commodity prices in near future may help keep inflation lower, maintain moderate domestic cost conditions
Bank notes that headline, core inflation remain in check, monetary policy likely to remain nimble
Shifting expectations over December Fed cut, softer US fundamentals could support local currency
Traders, investors remained constructive on local note as upcoming GDP report hints at expansion, says analyst
Local note extends upward momentum amid positive investor sentiment over US govt shutdown, says analyst
BNM's decision reinforces policy stability, reflects confidence in resilience of domestic demand, says analyst
Headline inflation expected to stay moderate next year due to easing global cost pressures, says BNM Governor
Central bank says monetary policy stance supportive of economy amid price stability
Expectations of no change to OPR contribute to local note’s strength, says analyst
Upcoming BNM MPC decision may provide some support to local note as OPR expected to remain steady, says analyst
Expect the US dollar to range between 4.18 and 4.20 today
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