KUALA LUMPUR, Oct 3 — The weakening ringgit, which is at its lowest since 1998, was not a reflection of the state of the Malaysian economy, Bank Negara Malaysia Governor Tan Sri Nor Shamsiah Mohd Yunus said on Monday.
KUALA LUMPUR, Sept 23 — Malaysia will not resort to capital controls or re-pegging the ringgit currency, the central bank said on Friday.
KUALA LUMPUR, Aug 12 — The ringgit ended higher against the US dollar for the fourth consecutive day on Friday, as sentiment improved thanks to an 8.9 per cent gross domestic product (GDP) growth in the second quarter (Q2 2022), according to a dealer.
KUALA LUMPUR, Aug 12 — The ringgit has remained relatively stable against Malaysia's major trading partners' currencies, despite facing a stronger US dollar environment, said Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus.
KUALA LUMPUR, Aug 12 — Core inflation is projected to be closer to the upper end of the 2.0 to 3.0 per cent range in 2022, as demand continues to improve amid the high-cost environment, said Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus.
KUALA LUMPUR, Aug 12 — The Malaysian economy is expected to grow between 5.3 per cent and 6.3 per cent in 2022, given its strength in the first half of 2022 which grew by 6.9 per cent, despite the expected slower global economic growth this year, said Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus.
KUALA LUMPUR, July 26 — The ringgit has remained relatively stable when compared with the currencies of Malaysia’s major trading partners, while the country’s nominal effective exchange rate registered a marginal decline of about 0.1 per cent, said Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus.
KUALA LUMPUR, July 26 — Malaysia’s economy is firmly on a recovery path supported by domestic activities and positive external demand.
KUALA LUMPUR, May 13 — Pegging the ringgit will not be in the best interest of Malaysia as it will have substantial risks, one of which is mirroring the monetary policy of the country that the local currency is pegged against, Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus said.
KUALA LUMPUR, May 13 — Bank Negara Malaysia (BNM) today stressed the importance of recalibrating the monetary policy to avoid the need to be aggressive in raising interest rates, said governor Tan Sri Nor Shamsiah Mohd Yunus.
KUALA LUMPUR, May 13 — Malaysia's economic growth picked up pace in the first quarter and was likely to accelerate further this year amid sustained demand and the reopening of international borders, the central bank said on Friday.
KUALA LUMPUR, March 30 — Malaysia should urgently reform its social protection system to ensure the people would not face serious financial hardship in the future, said Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus.
KUALA LUMPUR, March 30 — Minimum wage policy should be done in an orderly manner to ensure that the move will support economic growth while not adding inflationary pressure to the country, said Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus.
KUALA LUMPUR, March 30 — Malaysia's gross domestic product (GDP) is expected to improve further by expanding between 5.3 and 6.3 per cent in 2022, up from 3.1 per cent growth in 2021.
KUALA LUMPUR Feb 11 — Malaysia's economy returned to growth in the fourth quarter last year with the central bank expecting the recovery to continue this year despite risks of further disruptions caused by the Covid-19 pandemic.
KUALA LUMPUR, Feb 11 — CIMB Group Holdings Bhd today reiterated that the processing error impacting its customers last month was related to a specific third party financial remittance service, involving a limited number of customers that undertook international to local transfers only.
KUALA LUMPUR, Feb 11 — Bank Negara Malaysia (BNM) has stressed the need to look into housing issues, including dealing with the acute supply and demand mismatch in the housing market as well as improving the transparency of home prices.
KUALA LUMPUR, Feb 11 (Bernama) -- The decision to extend the application period for the Financial Management and Resilience Programme (URUS) until March 31, 2022, was made after taking into account the flood impact on many households and businesses, said Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus.
KUALA LUMPUR, Feb 4 — Bank Negara Malaysia (BNM) has set its priorities to foster the right conditions for Malaysia’s financial sector to capitalise on digitalisation while ensuring that attendant risks are well understood and managed effectively by the financial institutions.
KUALA LUMPUR, Oct 14 — The introduction of the Financial Management and Resilience Programme (Urus) is in line with the country’s efforts to put in place holistic debt management and financial planning solutions, said Bank Negara Malaysia (BNM).
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