KUALA LUMPUR, June 12 — Bank Negara Malaysia (BNM) will roll out the Qualified Resident Investor (QRI) programme for eligible corporates, effective July 1, to encourage two-way flows in the onshore foreign exchange market.

KUALA LUMPUR, May 6 — Malaysia’s exports will be impacted more by global economic growth and trade than by currency fluctuations, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz said today, while flagging a potential slowdown in outbound shipments.

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 4 — Malaysians will soon be able to make QR payments in South Korea using the Paybooc app, thanks to a collaboration between South Korea’s BC Card and Malaysia’s PayNet.

KUALA LUMPUR, May 26 — The ringgit has recorded the best performance against the US dollar as of mid-May 2024 among 10 regional currencies following the Madani government’s integrated action to promote inflows into the foreign exchange (forex) market over the past three months.

KUALA LUMPUR, May 17 — Bank Negara Malaysia’s (BNM) initiatives have helped cushion the pressure on the ringgit, resulting in the local currency appreciating by 0.5 per cent on a nominal effective exchange rate (NEER) basis.

KUALA LUMPUR, Feb 27 — Bank Negara Malaysia (BNM) has stepped up its engagements with government-linked investment companies, government-linked companies, corporations, and investors to encourage continuous inflows to the foreign exchange market.

KUALA LUMPUR, Aug 21 — The ringgit opened little changed against the US dollar this morning as sentiments were mixed in light of the United States’ (US) thriving economy and China’s wobbling economy, said an analyst.

Ringgit extends gains vs US dollar at opening KUALA LUMPUR, June 28 — The ringgit extended its gains to open higher this morning, amidst positive developments in the Asian foreign exchange (forex) market. Risk appetites improved after Malaysia and China’s central banks moved to stop the slide...

KUALA LUMPUR, May 22 – The international reserves of Bank Negara Malaysia (BNM) has widened to US$114.7 billion (US$1=RM4.53) as at May 15, 2023, from US$114.4 billion as at April 28, 2023.

KUALA LUMPUR, March 7 — Bank Negara Malaysia’s (BNM) international reserves amounted to US$114.3 billion (US$1=RM4.47) as at February 28, 2023.

KUALA LUMPUR, Oct 20 — The Asia-Pacific (Apac) economy is emerging from an extremely weak third quarter (Q3) that was weighed down by the combined effects of mobility restrictions to contain the Delta variant of Covid-19 and the resulting supply-chain disruptions and weak domestic demand.

KUALA LUMPUR, May 15 — The ringgit is expected to weaken against the US dollar next week at between 4.10 and 4.15, in line with the fear of the United States (US) inflation and Consumer Price Index (CPI) data released on Wednesday.

KUALA LUMPUR, May 8 — The ringgit is expected to trade on the upside bias moving between 4.1025 and 4.1225 next week, predominantly driven by the movement of the US dollar and influenced by the US Federal Reserve’s (Fed) taper decision.

KUALA LUMPUR, May 1 — The ringgit is expected to witness cautious trading against the greenback next week on the possibility of higher 10-year United States (US) Treasury yields, which will likely increase the risk appetite for the US dollar, an analyst said.

KUALA LUMPUR, April 24 — The ringgit is likely to trade higher against the US dollar next week as the greenback is expected to continue its downtrend, said a dealer.

KUALA LUMPUR, April 17 — The ringgit is expected to trade at current levels next week, amid mixed market sentiments, mostly influenced by external developments and worries on escalating Covid-19 cases, said an analyst.

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, April 3 — The ringgit is likely to move range-bound with a downside risk next week between 4.1350-4.1470 amid potentially better oil prices and concern over a slower economic recovery.

KUALA LUMPUR, March 27 — The ringgit is expected to rebound slightly against the US dollar next week, riding on improved market sentiment backed by potentially higher global oil prices.