KUALA LUMPUR, Oct 3 — Malaysia's strong economic fundamentals are among the factors supporting the ringgit's growth, even during times of currency weakness, said Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.

JAKARTA, Sept 28 — The renewal of the Local Currency Bilateral Swap Agreement (LCBSA) between Malaysia and Indonesia enables the exchange of local currencies between Bank Negara Malaysia (BNM) and Bank Indonesia (BI) with a RM24 billion or IDR82 trillion value for five years.

KUALA LUMPUR, Sept 19 — Bank Negara Malaysia (BNM) and the National Bank of Cambodia (NBC) have launched a cross-border quick response (QR) payment linkage between Cambodia and Malaysia.

KUALA LUMPUR, Aug 20 — The National Fraud Portal (NFP) that was launched today is being improved to enable the use of artificial intelligence (AI) to detect suspicious transactions via predictive analysis.

KUALA LUMPUR, Aug 16 — The Malaysian economy’s robust expansion at 5.9 per cent in the second quarter of 2024 (2Q 2024) has driven the ringgit to close higher against the US dollar today.

KUALA LUMPUR, Aug 16 — Malaysia is well positioned to navigate external uncertainties, buoyed by a strong 5.9 per cent gross domestic product (GDP) growth in the second quarter of 2024 (2Q 2024), surpassing the earlier forecast of 5.8 per cent.

KUALA LUMPUR, Aug 16 — The ringgit is moving in the right direction as it reflects the nation’s economic fundamentals and strong prospects, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Aug 16 — The impact of the recently implemented diesel subsidy rationalisation remains manageable given the government mitigation measures despite the slight rise in inflation prints, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Aug 16 — Malaysia’s economy saw a robust expansion of 5.9 per cent in the second quarter of 2024 (2Q 2024) exceeding earlier prediction of 5.8 per cent, bolstered by resilient household spending, vigorous investment activities, and a significant boost in tourism arrivals.

KUALA LUMPUR, June 12 — The shift from blanket subsidies, including for diesel, towards better-targeted support to the needy ought to be welcomed as a positive step towards more equitable and sustainable policies while building fiscal policy space, said Bank Negara Malaysia (BNM) governor Datuk Abdul Rasheed Ghaffour.

KUALA LUMPUR, May 17 — The ringgit closed slightly lower on Friday against the US dollar on profit-taking following recent gains.

KUALA LUMPUR, May 17 — Headline inflation is expected to remain moderate this year between 2.0 per cent and 3.5 per cent, broadly reflecting stabilising demand and contained cost pressures, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, May 17 — The Malaysian economy expanded at a higher rate of 4.2 per cent in the first quarter (1Q) of 2024 from 2.9 per cent in 4Q 2023, driven by stronger private expenditure and positive turnaround in exports.

KUALA LUMPUR, March 20 — The ringgit traded in a tight range today but closed marginally higher as investors awaited interest rate outlook projections from the current US Federal Reserve (US Fed) meeting, which concludes later tonight.

KUALA LUMPUR, March 20 — The move to repatriate foreign earnings by the government-linked companies (GLC) and government-linked investment companies (GLIC) in response to Bank Negara Malaysia's (BNM) call to relieve pressure on the ringgit has paid off, said governor Datuk Abdul Rasheed Ghaffour today.

KUALA LUMPUR, March 20 — The move to repatriate foreign earnings by the government-linked companies (GLC) and government-linked investment companies (GLIC) in response to Bank Negara Malaysia's (BNM) call to relieve pressure on the ringgit has paid off, said its governor Datuk Abdul Rasheed Ghaffour.

KUALA LUMPUR, March 16 — The government has sought clarification from Google concerning the erroneous exchange rate data showing the ringgit against the US dollar at RM4.98, as displayed by the search engine yesterday, given the recurrence of similar inaccuracies in the past.

KUALA LUMPUR, March 6 — The Malaysian economy is projected to grow by four per cent to five per cent this year, supported by robust domestic demand and an improvement in the external sector, said BNM governor Datuk Abdul Rasheed Ghaffour.

KUALA LUMPUR, March 6 — Bank Negara Malaysia (BNM) is fully committed to ensuring the ringgit's stability in light of the government and the central bank's coordinated efforts to sustainably increase inflows into the foreign exchange (forex) market.

KUALA LUMPUR, Feb 28 — The ringgit was slightly higher against the US dollar at the start of trading today and also rose versus a basket of other major currencies as well as Asean currencies on positive sentiment following Bank Negara Malaysia's (BNM) statement on the local note’s valuation.