Retention indicates current rate is conducive to economic stability, growth, says analyst
BNM likely to maintain OPR at 2.75 per cent as optimism mounts over potential US Federal Reserve rate cut next month
KUALA LUMPUR, June 29 — Malaysia could attract renewed capital inflows into its bond and equity markets, underpinned by a stronger ringgit and a possible shift in the United States' monetary policy.
KUALA LUMPUR, June 10 — The ringgit depreciated against the United States dollar today as market attention remained fixed on the second day of US-China trade discussions in London, the United Kingdom.
KUALA LUMPUR, June 4 — The ringgit continued to strengthen against the United States (US) dollar on Wednesday, as the US economy is perceived as fragile amid the Trump administration’s continued push for disruptive trade policies.
KUALA LUMPUR, June 3 — The ringgit rebounded to open higher against the US dollar today, as markets assessed the outlook for US President Donald Trump's tariff policy, an analyst said.
KUALA LUMPUR, May 10 — The ringgit is expected to stay weaker in the near term, given the optimism that a trade deal between the United States (US) and China, and perhaps the rest of the world, would be achieved within the 90-day pause period.
KUALA LUMPUR, April 23 — Bursa Malaysia opened higher today, tracking overnight gains on Wall Street amid hopes that trade tensions between the United States and China may ease.
KUALA LUMPUR, March 22 — The ringgit is anticipated to trade within the 4.42–4.45 range against the US dollar next week, with short-term volatility contingent upon broader market dynamics.
KUALA LUMPUR, March 21 — The ringgit ended higher against the US dollar on improved sentiment towards the local currency.
KUALA LUMPUR, March 21 — The ringgit eased against the US dollar at the opening today, taking a breather from recent gains as markets assessed the US Federal Reserve’s latest stance, which was seen as mildly dovish yet cautious.
KUALA LUMPUR, March 15 — Bursa Malaysia is expected to trade within a narrow range next week as market participants adopt a cautious stance without resorting to immediate knee-jerk reactions, which should help limit short-term volatility.
KUALA LUMPUR, March 7 — The ringgit opened higher against the US dollar for the fifth consecutive day as uncertainties over US tariff policies prompted traders and investors to steer clear of riskier assets, an analyst said.
KUALA LUMPUR, March 6 — Bank Negara Malaysia’s (BNM) decision to maintain the overnight policy rate (OPR) at 3.00 per cent reflected a strategic calibration of monetary policy that allows the central bank flexibility amid evolving global and domestic economic conditions.
KUALA LUMPUR, March 6 — Bank Negara Malaysia is expected to keep the overnight policy rate (OPR) at 3.00 per cent during its Monetary Policy Committee (MPC) meeting today, amid a stable interest rate environment, economists said.
KUALA LUMPUR, Feb 12 — The Bursa Malaysia bounced back today to end at a one-month high after the previous session’s sell-off, boosted by gains in heavyweights, amid the upbeat showing in regional peers despite Wall Street’s mixed performance overnight.
KUALA LUMPUR, Jan 22 — Bank Negara Malaysia’s (BNM) strategy to maintain the Overnight Policy Rate (OPR) at 3 per cent today was meticulously crafted, emphasising sustained economic growth while keenly monitoring the ebb and flow of global financial and geopolitical developments, said economists.
KUALA LUMPUR, Jan 22 — The ringgit opened stronger for the third consecutive day against the greenback, supported by a decline in the US Dollar Index (DXY) as investors awaited further cues from the White House regarding developments in trade policy.
KUALA LUMPUR, Jan 17 — UOB Kay Hian Wealth Advisors is optimistic that Malaysia's 2024 gross domestic product (GDP) will exceed the advance estimate of 5.1 per cent announced today by the Department of Statistics Malaysia (DOSM).
KUALA LUMPUR, Jan 10 — The ringgit was slightly up against the US dollar in early trade in the scenario of a hawkish US Federal Reserve (Fed) tone and positive economic data, said an analyst.
Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.