KUALA LUMPUR, July 11 — The Malaysian Rating Corporation Bhd (MARC Ratings) forecasts the Malaysian economy to grow by 4.4 per cent in 2025, down from 5.1 per cent in 2024, as external trade uncertainties dampen export momentum.

KUALA LUMPUR, July 9 — The ringgit opened slightly lower against the United States dollar today, as investors remained cautious ahead of Bank Negara Malaysia’s Monetary Policy Committee (MPC) meeting, with economists divided over the likelihood of an overnight policy rate (OPR) cut, said an analyst.

KUALA LUMPUR, April 30 — Malaysia’s official reserve assets amounted to US$117.49 billion (RM506.67 billion) in March, while other foreign currency assets stood at US$4.3 million, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, April 11 — Bank Negara Malaysia (BNM) will wait for the global situation on trade tariffs to settle before making policy recommendations or revising growth forecasts, its governor said yesterday.

KUALA LUMPUR, April 4 — RHB Investment Bank Bhd (RHB IB) has revised Malaysia’s gross domestic product (GDP) forecast for 2025 downwards to 4.5 per cent from an earlier projection of 5.0 per cent, following rising trade tensions and recent tariff hikes that pose a threat to the nation’s export-driven economy.

KUALA LUMPUR, March 11 — The ringgit started the day flat against the US dollar as investors adopted a wait-and-see stance following Bank Negara Malaysia’s recent decision to hold interest rates steady, which weighed on sentiment.

KUALA LUMPUR, Feb 28 — Malaysia’s official reserve assets amounted to US$116.35 billion, while other foreign currency assets stood at US$1.1 billion as of January, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, Feb 24 — The ringgit strengthened against the US dollar in early trade after reaching a nearly three-week high last Friday, buoyed by softer-than-expected US economic data released last week.

KUALA LUMPUR, Nov 15 — Bank Negara Malaysia (BNM) today announced a liberalisation of foreign exchange policy (FEP) for multilateral development banks (MDBs) and qualified non-resident development financial institutions (DFIs), aiming to facilitate their investments in key growth areas in Malaysia.

KUALA LUMPUR, June 28 — Malaysia’s official reserve assets amounted to US$113.59 billion (RM536.26 billion), while other foreign currency assets stood at US$5 million at the end of May, said Bank Negara Malaysia (BNM).

KUALA LUMPUR, June 26 — Bank Negara Malaysia (BNM) may take supervisory action or impose penalties for violations of regulatory provisions under its supervision over recent incidents of online banking service outages.

KUALA LUMPUR, June 26 — The ringgit strengthened against the United States dollar at the opening today, bolstered by expectations that Bank Negara Malaysia (BNM) will maintain the overnight policy rate (OPR) at 3 per cent due to higher inflation in May.

KUALA LUMPUR, June 21 — Bank Negara Malaysia (BNM) has requested prompt refunds for affected account holders following fraudulent withdrawals of fixed deposits amounting to RM24.2 million.

KUALA LUMPUR, May 23 — Bank Negara Malaysia's (BNM) international reserves increased to US$113.3 billion (US$1= RM4.71) as of May 15, 2024, up from US$112.8 billion on April 30, 2024.

KUALA LUMPUR, May 17 — The Malaysian economy expanded at a higher rate of 4.2 per cent in the first quarter (1Q) of 2024 from 2.9 per cent in 4Q 2023, driven by stronger private expenditure and positive turnaround in exports.

KUALA LUMPUR, May 13 — Bank Negara Malaysia (BNM) and the Bank of Korea have agreed to renew their bilateral swap arrangement (BSA).

KUALA LUMPUR, April 4 — Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

KUALA LUMPUR, March 20 — The liquidity and funding positions of the banking system remained strong in the second half of 2023, Bank Negara Malaysia (BNM) said.

KUALA LUMPUR, March 19 — The government has no plans to peg the ringgit at this time, said Finance Minister II Datuk Seri Amir Hamzah Azizan.

KUALA LUMPUR, March 18 — Google Malaysia has issued an apology for the erroneous US dollar-ringgit (USD-MYR) exchange rate published on its finance page.