KUALA LUMPUR, March 25 — The Overnight Policy Rate (OPR) is forecast to remain unchanged at 3.00 per cent throughout 2025, said Public Investment Bank Bhd (PIVB).
KUALA LUMPUR, Feb 14 — The ringgit recorded an overall appreciation of 2.7 per cent against the US dollar in 2024, standing out as one of the few Asian currencies to strengthen versus the greenback, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, Feb 14 — The Malaysian economy grew by 5.1 per cent in 2024, up from 3.6 per cent in 2023, aligning with the government’s target of 4.8 per cent to 5.3 per cent year-on-year.
KUALA LUMPUR, June 24 — Bank Negara Malaysia (BNM) has updated the Financial Consumer Alert (FCA) List to include six new entities that are neither authorised nor approved by the central bank.
KUALA LUMPUR, Feb 16 — Malaysia recorded a gross domestic product (GDP) growth of 3.7 per cent in 2023, after an expansion of 3.0 per cent in the fourth quarter (4Q) of the year, supported by continued recovery in economic activity and labour market conditions.
SHAH ALAM, Jan 27 — The Selangor government has acquired an old building from Bank Negara Malaysia (BNM) in Section 14 here, which will be turned into the new Shah Alam art gallery.
KUALA LUMPUR, Jan 22 — As a reporting institution, Quantum Metal Sdn Bhd (QMSB) is obliged to undertake measures to prevent its activities from being misused as a conduit for money laundering or terrorism-financing activities, said Bank Negara Malaysia (BNM) today.
KUALA LUMPUR, Oct 30 — The ringgit opened higher against the US dollar and other major currencies on the first day of trading for the week.
KUALA LUMPUR, Sept 25 — The government and Bank Negara Malaysia (BNM) will continue to expand the Local Currency Settlement Framework (LCSF) cooperation with other countries, especially nations that have a high bilateral trade value with Malaysia.
KUALA LUMPUR, Sept 14 — BMI, a Fitch Solutions company, expects Bank Negara Malaysia to hold its overnight policy rate at 3.00 per cent until the end of 2024 as domestic inflation continues to ease amid slowing economic growth.
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.
KUALA LUMPUR, Aug 10 — The ringgit opened easier against the US dollar this morning amidst mixed sentiments, coupled with the falling crude oil price, said an analyst.
KUALA LUMPUR, April 12 — Malaysia’s economy is expected to strengthen this year as the country transitions to the endemic phase, starting with the reopening of international borders.
KUALA LUMPUR, Jan 19 — The ringgit opens higher against the US dollar today, boosted by Prime Minister Tan Sri Muhyiddin Yassin’s announcement of the RM15 billion Malaysian Economic and Rakyat’s Protection Assistance Package (Permai) package yesterday, as well as higher crude oil prices.
KUALA LUMPUR, Jan 18 — The ringgit opened slightly lower vis-a-vis the US dollar on Monday due to the strengthening of the greenback as a safe-haven demand for the currency among investors kicked in.
KUALA LUMPUR, Jan 15 — The Federation of Malaysian Consumers Association (Fomca) has called on Bank Negara to extend the loan moratorium until at least August for all affected workers in the wake of the second movement control order (MCO).
KUALA LUMPUR, Aug 26 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) interventions to absorb surplus liquidity from the financial system.
KUALA LUMPUR, May 29 — Malaysia’s reserves remained usable as at end-April 2020, with official reserve assets at US$102.484 billion, in accordance with the International Monetary Fund’s Special Data Dissemination Standard (IMF SDDS) format.
MANCHESTER, April 3 — Bank Negara Malaysia (BNM) will pay a higher dividend of RM3.5 billion to the government for 2019, up 40 per cent from the preceding year's RM2.5 billion payout.
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