KUALA LUMPUR, Dec 6 — Malaysia’s international reserves stood at US$118.3 billion (RM523.2 billion) as of November 29, from US$118 billion on November 15.

KUALA LUMPUR, Nov 27 — Bank Negara Malaysia (BNM) has been asked to investigate and review the “excessive” increase in insurance premiums.

KUALA LUMPUR, Nov 26 — Bank Negara Malaysia has said the transition to a green economy, while critical for addressing climate change, is leading to increased costs, a phenomenon termed “greenflation,” which could significantly affect businesses and consumers alike.

KUALA LUMPUR, Nov 18 — The ringgit extended its gains on Monday, buoyed by optimism over Malaysia’s domestic outlook, which offset concerns about the direction of US interest rates.

KUCHING, Nov 17 — The financial knowledge of Malaysians has significantly improved since 2016 and is approaching the level of developed countries; however, three challenges remain which hinder further progress towards becoming a financially literate society.

SINGAPORE, Nov 9 — Singapore's biggest lender DBS Group Holdings Ltd is exploring expanding into Malaysia with potential acquisitions of stakes in banks in its Southeast Asian neighbour, including in one of Malaysia's smallest banks by assets, two sources said.

KUALA LUMPUR, Nov 9 — The ringgit is expected to trade higher against the US dollar as the interest rate differential seems to favour the ringgit.

KUALA LUMPUR, Nov 7 — The ringgit continued its downward momentum against the US dollar on Thursday, albeit marginally, weighed by a decline in Malaysia's international reserves.

KUALA LUMPUR, Nov 6 — Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate at 3.00 per cent at its final Monetary Policy Committee (MPC) meeting of the year reflects the central bank’s support for domestic economic growth.

KUALA LUMPUR, Nov 6 — 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 meeting today.

KUALA LUMPUR, Nov 5 — The ringgit continued to be on a stronger footing against the United States (US) dollar today after recent weakness as the markets anticipate a rate cut by the US Federal Reserve (US Fed).

KUALA LUMPUR, Oct 30 — Credit growth to the private non-financial sector moderated to 4.8 per cent at the end of September, down from 5.2 per cent in August, primarily due to a slowdown in business loans and corporate bond issuance, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Oct 16 — Bank Negara Malaysia’s (BNM) decisions on the Overnight Policy Rate (OPR) will continue to be driven by the country’s growth and inflation outlook, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, Oct 9 — The ringgit was one of the best-performing currencies globally in the third quarter of this year (3Q2024), strengthening 14.4 per cent against the US dollar and 11.4 per cent on a year-to-date basis, said Bank Negara Malaysia’s (BNM) Financial Markets Committee (FMC).

KUALA LUMPUR, Oct 8 — Bank Negara Malaysia is likely to keep the overnight policy rate (OPR) unchanged for the next 12 to 15 months, with inflation pressures subdued and the economic outlook stable, said Kenanga Investment Bank Bhd.

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 25 — The ringgit has been rising steadily against the United States (US) dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the US, according to Bank Negara Malaysia (BNM).

KUALA LUMPUR, Sept 24 — The ringgit jumped against the US dollar at the close on Tuesday, reaching its highest level in 34 months after China unveiled a stimulus package aimed at revitalising its economy.

KUALA LUMPUR, Sept 20 — The US Federal Reserve’s (Fed) recent decision to slash interest rates has a significant impact on Malaysia’s ringgit, especially in light of shifting currency dynamics across the region.