[ad_1] KUALA LUMPUR: The ringgit traded firmer against the US dollar on Friday as Bank Negara Malaysia’s (BNM) intervention helped the ringgit to stabilise even as the US dollar gains…
Tag: BNM
Banks improvising on security features to combat scams, fraud
[ad_1] KUALA LUMPUR: Banks in Malaysia continue to adapt and improve banking security features, in line with Bank Negara Malaysia’s (BNM) five key measures to combat financial fraud. The five…
OPR likely nearing its optimal rate
[ad_1] KUALA LUMPUR: The Overnight Policy Rate (OPR) is likely nearing its optimal level based on historical factors where the rate hovered between three per cent and 3.25 per cent,…
OctaFX: Bank Negara Malaysia (BNM) is unlikely to raise interest rates as core inflation eases | Taiwan News | 2023-06-01 10:00:00
[ad_1] Will BNM hit the brakes on monetary tightening and leave the rates unchanged: Kar Yong Ang, the OctaFX financial market analyst, shares his opinion. KUALA LUMPUR, MALAYSIA – Media…
Malaysia, Indonesia launch cross-border QR payment linkage
[ad_1] KUALA LUMPUR: Bank Negara Malaysia (BNM) and Bank Indonesia (BI) has announced the commercial launch of the Indonesia-Malaysia cross-border quick response (QR) code payment linkage. The linkage enables Indonesians…
Ringgit on recovery path after sustained depreciation against US$ in 2022 – Bank Negara
[ad_1] KUALA LUMPUR: The ringgit experienced a period of sustained depreciation against the US dollar in 2022 amid the US Federal Reserve raising its policy interest rate aggressively by 425…
Ringgit ends marginally higher against US dollar
[ad_1] KUALA LUMPUR: The ringgit was traded in a tight range against the US dollar today as market participants were cautious about the Federal Open Market Committee (FOMC) meeting on…