KUALA LUMPUR, May 11 — The ringgit turned slightly lower against the US dollar today amid cautious sentiment ahead of Bank Negara Malaysia’s (BNM) interest rate decision later today, an analyst said.
KUALA LUMPUR, April 3 — The fourth withdrawal of the Employees Provident Fund (EPF) has received a mixed response, with some arguing that the continued use of EPF savings in hard times takes away the very purpose of the fund’s existence, while others argue that emergency use of it should be allowed.
KUALA LUMPUR, Jan 7 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$116.9 billion as of December 31, 2021, marginally higher compared with US$116.3 billion on December 15.
KUALA LUMPUR, Dec 2 — Bank Negara Malaysia (BNM) and all banks, including branch operations, in the Federal Territory of Kuala Lumpur will be open and operating as usual on Friday, Dec 3, 2021.
KUALA LUMPUR, Nov 12 — Malaysia will not face stagflation despite rising global inflation, with 2022 GDP growth expected to range between 5.5 per cent and 6.5 per cent.
KUALA LUMPUR, Aug 23 — Malaysia critically needs trade-based solutions to ease liquidity constraints brought by Covid-19 pandemic, said Bank Negara Malaysia (BNM) assistant governor Adnan Zaylani Mohamad Zahid.
KUALA LUMPUR, July 19 — Bank Negara Malaysia (BNM) has urged the public to contact BNMTelelink if they were to encounter any problems with loan repayment assistance applications or difficulties in contacting their respective banks.
KUALA LUMPUR, June 30 — The domestic financial markets were affected by both domestic and external factors in May, while investor sentiment was affected by the uncertainty surrounding the course of the pandemic in the region, Bank Negara Malaysia (BNM) said.
KUALA LUMPUR, April 10 — The ringgit is expected to trade in a tight range against the US dollar next week at between 4.1275 and 4.1475 as the market cautiously monitors US Treasury yields and oil prices, said AxiCorp chief global market strategist Stephen Innes.
KUALA LUMPUR, March 31 — The Malaysian economy is projected to expand between 6.0 per cent and 7.5 per cent in 2021 compared with a contraction of 5.6 per cent in 2020, supported by domestic factors such as consumption and a brighter external environment fuelled by vaccine rollout.
KUALA LUMPUR, March 31 — The country's headline inflation is anticipated to temporarily spike to above 5.0 per cent in the second quarter of this year due to a lower base from low fuel prices in the corresponding quarter of 2020, and average to between 2.5 per cent and 4.0 per cent for 2021.
KUALA LUMPUR, March 6 — The FBM KLCI is likely to trade higher next week on the back of energy and finance counters due to stronger oil prices and Bank Negara Malaysia’s decision to keep the Overnight Policy Rate (OPR) at 1.75 per cent, according to an analyst.
KUALA LUMPUR, March 3 — In its role as the Financial Intelligence Unit (FIU) under the Anti-Money Laundering and Anti-Terrorism Financing Act 2001, Bank Negara Malaysia (BNM) said that it discloses all information received from foreign FIUs to the relevant domestic law enforcement agencies.
KUALA LUMPUR, Feb 25 — After closing marginally higher on Wednesday, the ringgit was traded almost unchanged against the US dollar on Thursday morning due to lack of market catalysts to drive the local currency further.
KUALA LUMPUR, Feb 11 — An automatic blanket moratorium would not be in the best interest of the economy and the people (rakyat), said Bank Negara Malaysia governor Datuk Nor Shamsiah Mohd Yunus.
KUALA LUMPUR, Jan 10 — The robust ringgit is set to leave positive trails onto the equity markets amid a weaker US dollar, as the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 30.24 points to end the first week of 2021 at the day’s high of 1,633.19.
KUALA LUMPUR, Dec 31 — Malaysia’s official reserve assets amounted to US$105.3 billion as of end-November 2020, while other foreign currency assets stood at US$1.51 billion for the same period, Bank Negara Malaysia (BNM) said.
KUALA LUMPUR, Nov 21 — Bank Negara Malaysia (BNM) has issued commemorative coins in conjunction with the Asia-Pacific Economic Cooperation Meetings 2020 (Apec 2020) in Malaysia.
KUALA LUMPUR, Nov 20 — Bank Negara Malaysia's (BNM) international reserves amounted to US$104.9 billion (RM429.4 billion) as at November 13, compared to US$104.6 billion (RM428.1 billion) as at October 30.
KUALA LUMPUR, Nov 16 — The Malaysian banking sector has been proactive in addressing the effects of Covid-19.
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