KUALA LUMPUR, Jan 25 — The monetary policy has to reflect the state of the economy and not be static while Bank Negara Malaysia’s (BNM) role must be seen as independent to allow some space to intervene when necessary, said an economist.

KUALA LUMPUR, Jan 21 — China’s continuing reopening narrative and the improved domestic economic sentiment, due to the decision to maintain the overnight policy rate (OPR) at 2.75 per cent, will keep the ringgit supported next week, a dealer said.

KUALA LUMPUR, Jan 20 — The ringgit extended yesterday’s gains to open higher today against the greenback on renewed buying interest.

KUALA LUMPUR, Jan 4 — Bank Negara Malaysia (BNM) reserved the right and authority in making decisions such as the overnight policy rate (OPR) to ensure the stability of the country’s economy without the intervention from the government.

KUALA LUMPUR, Jan 1— Property consultancy Savills Malaysia sees the overall property market in the country “to be a direct extension of 2022” and that the bumpy ride will move into 2023 but with a stronger positive bias.

KUALA LUMPUR, Dec 30 — CGS-CIMB Securities Sdn Bhd (CGS-CIMB) forecasts Malaysia’s inflation for 2023 to be at three per cent year-on-year (y-o-y), compared to the 2022 forecast (2022F) consumer price index (CPI) inflation of 3.3 per cent y-o-y.

KUALA LUMPUR, Dec 23 — MIDF Research opined that the inflation trend in Malaysia is highly driven by robust consumer demand while indicators for cost inflation have eased in recent months.

KUALA LUMPUR, Nov 10 — Malaysia’s Gross Domestic Product (GDP) is estimated to expand by 13.5 per cent year-on year (y-o-y) in the third quarter (Q3) of this year, driven by recovery in tourism-related segments as well as the low-base effect, according to stockbroking firm CGS-CIMB.

KUALA LUMPUR, Nov 4 — The ringgit ended lower against the US dollar on Friday due to a lack of market catalysts, exacerbated by global market uncertainties, dealers said.

KUALA LUMPUR, Nov 4 — The ringgit opened flat against the US dollar this morning as investors opted for a wait-and-see attitude as the rate hike expectation has been factored in, a dealer said.

KUALA LUMPUR, Nov 3 — MIDF Research expected Bank Negara Malaysia (BNM) to front-load its monetary bullets by raising the Overnight Policy Rate (OPR) to pre-pandemic levels of 3.00 per cent by January 2023.

KUALA LUMPUR, Nov 3 — Malayan Banking Bhd (Maybank) will revise upwards its standardised base rate (SBR), base rate (BR) and base lending rate (BLR) by 25 basis points (bps) effective November 7, 2022, following the Overnight Policy Rate (OPR) hike announced today.

KUALA LUMPUR, Nov 3 — Bank Negara Malaysia (BNM) has raised the overnight policy rate (OPR) by 25 basis points (bps) to 2.75 per cent, the fourth consecutive hike since May this year as the central bank’s monetary policy committee (MPC) decided to further adjust the degree of monetary accommodation.

KUALA LUMPUR, Nov 2 — Standard Chartered expects Bank Negara Malaysia (BNM) to raise the overnight policy rate (OPR) by 25 basis points (bps) to 2.75 per cent, the fourth consecutive 25bps hike since May this year.

KUALA LUMPUR, Oct 21 — The ringgit further weakened against the US dollar today, closing the week at a new all-time low of 4.738 due to the absence of fresh market catalysts, analysts said.

ALOR SETAR, Sept 15 — The rise in Overnight Policy Rate (OPR) to 2.50 per cent will likely influence Malaysians to reconsider purchasing houses, particularly the M40 group, who may have bank commitments such as personal loans.

KUALA LUMPUR, Sept 12 — The ringgit had eased against the US dollar in the early morning trade today as sentiments continued to favour the greenback.

KUALA LUMPUR, Sept 8 — The 25 basis points (bps) hike in the overnight policy rate (OPR) announced by Bank Negara Malaysia (BNM) today to 2.50 per cent in its fifth Monetary Policy Committee (MPC) meeting of 2022 is widely expected amid continued improvements in the domestic economy.

KUALA LUMPUR, Sept 8 — Bank Negara Malaysia (BNM) has increased the Overnight Policy Rate (OPR) by 25 basis points to 2.50 per cent at its fifth Monetary Policy Committee (MPC) meeting today.

KUALA LUMPUR, Sept 5 — Bank Negara Malaysia is expected to hike its overnight policy rate by 25 basis points to 2.5 per cent this week, its third consecutive rate hike, aiming to help ease the country’s inflation coupled with a robust economic rebound, says Moody’s Analytics.