Malaysia And Indonesia Renew Local Currency Bilateral Swap Agreement

JAKARTA, Sept 28 (Bernama) -- The renewal of the Local Currency Bilateral Swap Agreement (LCBSA) between Malaysia and Indonesia enables the exchange of local currencies between Bank Negara Malaysia (BNM) and Bank Indonesia (BI) with a value amounting to RM24 billion or IDR82 trillion for five years.

Short-term Rates Set To Remain Stable Next Week On Bnm's Operations

KUALA LUMPUR, Sept 28 (Bernama) -- Short-term interbank rates are expected to remain stable next week on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

BNM Seeks Feedback On Three-year Roadmap For Full Transition To MYOR/MYOR-i 

KUALA LUMPUR, Sept 27 (Bernama) -- Bank Negara Malaysia (BNM) is seeking feedback on a proposed three-year roadmap for the full transition to Malaysia Overnight Rate (MYOR) and Malaysia Islamic Overnight Rate (MYOR-i) alongside the cessation of the Kuala Lumpur Interbank Offered Rate (KLIBOR).

Ringgit Regains Strength Against US Dollar At Opening

KUALA LUMPUR, Sept 27 (Bernama) -- The ringgit regained its strength against the US dollar at the opening today after experiencing a technical correction yesterday, said an analyst. 

Ringgit Strengthens Amid US Rate Clarity, Malaysia’s Positive Economic Outlook - BNM

KUALA LUMPUR, Sept 25 (Bernama) -- The ringgit has been rising steadily against the US dollar, notably since early July, following greater clarity of the interest rate path of developed countries, especially that of the United States, according to Bank Negara Malaysia (BNM).

CPO Futures Ends Higher For Fifth Consecutive Day, Weighed Down By Strong Ringgit

By Fatin Umairah Abdul Hamid

KUALA LUMPUR, Sept 23 (Bernama) -- Crude palm oil (CPO) futures on Bursa Malaysia Derivatives extended their upward trend to close higher for the fifth consecutive day although the gains were smaller, nearly half of yesterday’s on the most active December contract.

Lower Inflation Helps Ringgit Extend Gain Against US Dollar At Close

By Siti Noor Afera Abu

KUALA LUMPUR, Sept 23 (Bernama) -- The ringgit closed marginally higher against the US dollar on Monday as a lower domestic inflation rate helped to extend its recent gains, an analyst said. 

BNM's International Reserves Rise To US$117.6 Bln As Of Sept 13

KUALA LUMPUR, Sept 23 (Bernama) -- Malaysia’s international reserves rose to US$117.6 billion as of Sept 13, 2024, from US$116.8 billion (US$1= RM4.2005) as at Aug 30, 2024.

Gold Futures Likely To Remain Well-supported Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 21 (Bernama) -- Gold futures contract on Bursa Malaysia Derivatives is expected to remain well-supported next week, driven by the deep United States (US) Federal Reserve rate cut cycle, rising geopolitical risks and the upcoming US elections, said an analyst. 

Ringgit Set To Continue Bullish Bias Vs US Dollar Next Week

By Rosemarie Khoo Mohd Sani

KUALA LUMPUR, Sept 21 (Bernama) -- The ringgit is anticipated to move on a continued bullish bias next week, trading at 4.1875 to 4.2025 against the US dollar, said an analyst. 

US Rate Cut, Malaysia's Structural Reforms And Economic Outlook Fuelling Ringgit Recovery -- BNM

By Vijian Paramasivam

KUALA LUMPUR, Sept 20 (Bernama) - - The US Federal Reserve’s (Fed) recent decision to slash interest rates has a significant impact on Malaysia’s ringgit, especially in light of shifting currency dynamics across the region.

Bursa Malaysia Ends Morning Session Higher In Line With Regional Peers

KUALA LUMPUR, Sept 19 (Bernama) -- Bursa Malaysia ended the morning session higher in tandem with regional markets, as buying sentiments improved after the United States Federal Reserve (Fed) announced its interest rate cut of half a percentage point.