[ad_1] KUALA LUMPUR: Major banks and non-bank financial service providers will waive transaction fees for micro and small businesses accepting DuitNow QR payments, says Bank Negara Malaysia (BNM). The central…
Tag: BNM
Malaysia’s international reserves at US$112.46bil at end-August 2023
[ad_1] KUALA LUMPUR: Malaysia’s international reserves amounted to US$112.46 billion (US$1=RM4.69) at the end of August 2023, while other foreign currency assets stood at US$1.70 million, said Bank Negara Malaysia…
Bank Negara international reserves amount to US$111.5bil as at Sept 15, 2023
[ad_1] KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$111.5 billion (US$1=RM4.6855) as at Sept 15, 2023 compared with US$112.2 billion as at Aug 15, 2023. The central…
Ringgit ends lower against US dollar, stronger vs other major currencies
[ad_1] KUALA LUMPUR: The ringgit ended lower against the US dollar on Monday as the greenback strengthened further amid positive United States economic data, according to an analyst. At 6…
Ringgit opens flat against US$ but firmer against other currencies
[ad_1] KUALA LUMPUR: The ringgit opened almost flat against the US dollar today ahead of Bank Negara Malaysia’s (BNM) overnight policy rate (OPR) decision on Thursday, an analyst said. At…
Malaysia’s office reserve assets at US$112.94bil as at end-July 2023
[ad_1] KUALA LUMPUR: Malaysia’s international reserve reserve assets amounted to US$112.94 billion (US$1=RM4.64) as at end-July 2023, while other foreign currency assets stood at US$1.7 million, said Bank Negara Malaysia…
BMI revises Malaysia GDP forecast down to 4% this year
[ad_1] KUALA LUMPUR: BMI, a Fitch Solutions company, has revised downward its forecast for Malaysia’s real gross domestic product (GDP) growth to 4.0 per cent in 2023, from 4.2 per…
Ringgit showing signs of appreciation in 3Q 23 – Bank Negara governor
[ad_1] KUALA LUMPUR: The ringgit depreciated by 5.8 per cent in the second quarter of 2023 (2Q 2023) but has appreciated by 1.1 per cent so far in 3Q 2023…
Madani economy framework to anchor Malaysia’s economy – Bank Negara
[ad_1] KUALA LUMPUR: The Madani Economy Framework will anchor the comprehensive restructuring of the Malaysian economy, supported by several important transformations, such as having a revitalised industrial sector, said Bank…
Bank Negara expected to maintain OPR at 3% for next 6-12 months – Kenanga Research
[ad_1] KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to maintain the overnight policy rate (OPR) at 3.0 per cent for the next six to 12 months, given the persistent…