KUALA LUMPUR, July 4 — Bank Negara Malaysia (BNM) is expected to lift its Overnight Policy Rate (OPR) by 25 basis points (bps) to 2.25 per cent at its fourth Monetary Policy Meeting (MPC) of the year scheduled for this week, according to Moody’s Analytics.

KUALA LUMPUR, July 2 — The ringgit is likely to trade around the current level of between 4.40 and 4.41 versus the US dollar next week, with all eyes on Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting on July 6.

KUALA LUMPUR, July 1 — The ringgit rebounded after two consecutive trading days of losses to open marginally higher against the US dollar this morning ahead of the fourth Bank Negara Malaysia (BNM) Monetary Policy Committee (MPC) meeting scheduled next week, an analyst said.

KUALA LUMPUR, June 27 — AmBank Research expects Bank Negara Malaysia (BNM) to increase the overnight policy rate (OPR) by 50 basis points (bps), bringing the OPR to 2.50 per cent during the upcoming meeting in July, in anticipation of the rising inflation.

KUALA LUMPUR, June 27 — The ringgit opened marginally higher against the US dollar today in anticipation of a higher overnight policy rate (OPR) being set at the fourth Monetary Policy Committee (MPC) meeting next week to contain inflation, said an analyst.

KUALA LUMPUR, June 25 — The ringgit is expected to appreciate slightly while moving in a tight range at around 4.40 against the greenback next week on mixed market sentiments, said an economist.

KUALA LUMPUR, June 16 — Bank Negara Malaysia (BNM) is likely to raise the overnight policy rate (OPR) by at least 25 basis points (bps) by year-end, in view of the aggressive interest rate hike by the United States (US) Federal Reserve (Fed), said Kenanga Investment Bank Bhd.

KUALA LUMPUR, May 12 — The earlier-than-anticipated 25-basis-point (bps) increase in the overnight policy rate (OPR) to 2.0 per cent was viewed by research firms as having no impact on banks’ loan growth, though short-term volatility is anticipated.

KUALA LUMPUR, May 12 — The ringgit reversed yesterday’s gains to open slightly lower against the US dollar this morning as sentiment for the greenback strengthened, an economist said.

KUALA LUMPUR, May 9 — The ringgit was traded easier against the US dollar in the early session today amid stronger demand for the greenback, said an analyst.

KUALA LUMPUR, Jan 20 — The ringgit rebounded to open higher versus the US dollar today, as the greenback retreated amid risk-on mode in the equity market, an analyst said.

BENGALURU, Jan 17 — Bank Negara Malaysia (BNM) will wait until at least July before raising interest rates from a record low as it waits for the economic recovery to take hold, a Reuters poll found.

KUALA LUMPUR, Dec 28 —  After two years, Covid-19 continues to weigh on investors’ narrative, hindering the prospects of both Bursa Malaysia and the ringgit.

KUALA LUMPUR, Nov 20 — The ringgit is likely to continue its decline against the US dollar next week amid the absence of local market catalyst and the strengthening greenback.

KUALA LUMPUR, Nov 5 — The ringgit opened lower on Friday as the US dollar extended gains.

KUALA LUMPUR, Nov 3 — Bank Negara Malaysia (BNM) today retained the Overnight Policy Rate (OPR) at 1.75 per cent at the sixth and final Monetary Policy Committee (MPC) meeting of the year.

KUALA LUMPUR, Oct 30 — The ringgit is expected to trade in a range with appreciation bias against the US dollar next week, given that the tabling of Budget 2022 will continue to spur positive sentiment towards the Malaysian economy, an analyst said.

KUALA LUMPUR, Sept 10 — The ringgit remained unchanged against the US dollar at Friday’s opening after Bank Negara Malaysia’s (BNM) move to maintain the overnight policy rate at 1.75 per cent, as well as the Statistics Department’s report on the unemployment rate, which remained at 4.8 per cent in July 2021.

KUALA LUMPUR, Sept 9 — The ringgit closed slightly higher against the US dollar on Thursday following Bank Negara Malaysia’s (BNM) decision to keep the overnight policy rate (OPR) unchanged at 1.75 per cent, says an economist.

KUALA LUMPUR, Sept 9 — Bank Negara Malaysia (BNM) has maintained the Overnight Policy Rate (OPR) at 1.75 per cent at its fifth Monetary Policy Committee (MPC) meeting today.