BENGALURU, May 7 — Bank Negara Malaysia (BNM) will leave its key interest rate at 3.00 per cent and keep it unchanged at least until 2026, despite a weakening currency and a steady inflation outlook, a Reuters poll of economists found.
SUNGAI BULOH, March 11 — Bank Negara Malaysia’s decision to leave the overnight policy rate (OPR) unchanged benefits the manufacturing sector and other industries as it helps to contain costs, said the Federation of Malaysian Manufacturers (FMM) president Tan Sri Soh Thian Lai.
KUALA LUMPUR, March 8 — Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 3.0 per cent throughout 2024, on the back of stable domestic headline and core inflation figures, and solid gross domestic product (GDP) growth outlook of around 4.5-5.0 per cent, says Kenanga Investment Bank Bhd.
KUALA LUMPUR, March 7 —Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent at its meeting today.
KUALA LUMPUR, Feb 27 —The ringgit is expected to hit 4.20-4.40 against the US dollar by year-end in view of the United States (US) Federal Reserve’s (Fed) likely interest rate cut decision in anticipation of an economic recession in the US this year, said Capital Dynamics Asset Management Sdn Bhd managing director Tan Teng Boo.
KUALA SELANGOR, Feb 25 — The fall of the ringgit is a serious challenge and requires the government to take a smart approach that won't burden the people.
KUALA LUMPUR, Jan 24 —The ringgit eased against the US dollar at the close of trading today in line with regional currencies amid uncertainty over a US interest rate cut.
KUALA LUMPUR, Jan 24 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent during its first meeting of the year today, marking the fourth consecutive meeting that the MPC has opted to hold the key rate.
KUALA LUMPUR, Jan 22 — Research houses have projected that Malaysia’s headline inflation will be in the 3.2 per cent to 3.3 per cent range this year.
KUALA LUMPUR, Jan 9 — The ringgit is expected to be one of the best-performing currencies in the region in 2024, with it ending the year at RM4.40 against the US dollar, said the Affin Group.
KUALA LUMPUR, Dec 26 — Further improvements in the supply chain and a reduction in global demand may help to keep inflation within the 2.5-3.0 per cent range next year, says Kenanga Research.
KUALA LUMPUR, Dec 7 — The ringgit is expected to recover and appreciate to 4.20 against the US dollar by the end of 2024, given the high likelihood that the United States Federal Reserve (Fed) has ended its tightening cycle, said MIDF Research.
KUALA LUMPUR, Nov 4 — The ringgit’s value versus the US dollar should not be used as the sole gauge of the state of the economy, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.
KUALA LUMPUR, Nov 4 — The ringgit is expected to strengthen further next week between the range of RM4.72 and RM4.73 against the US dollar, said Bank Muamalat Malaysia Bhd's chief economist and head of social finance Mohd Afzanizam Abdul Rashid.
KUALA LUMPUR, Nov 2 — Bank Negara Malaysia’s (BNM) decision to hold the Overnight Policy Rate (OPR) at 3.0 per cent in its last Monetary Policy Meeting (MPC) for this year aligns with consensus expectations and will help to build market confidence, according to economists.
KUALA LUMPUR, Nov 2 — The ringgit closed higher against the greenback on Thursday, rebounding after two days of decline, as Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) at three per cent.
KUALA LUMPUR, Nov 2 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent during its last meeting of the year today.
KUALA LUMPUR, Oct 30 — The ringgit closed firmer against the US dollar today on hopes the US Federal Reserve (Fed) would continue to pause its interest rate hikes.
KUALA LUMPUR, Oct 23 — External factors continue to drive the performance of the ringgit and regional currencies, said Deputy Finance Minister I Datuk Seri Ahmad Maslan.
SINGAPORE, Oct 18 — Malaysia’s real gross domestic product (GDP) is expected to grow 4.3 per cent in 2024, up from the 4.0 per cent growth expected for 2023.
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