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Historic Launch Of Saudi Riyal Symbol Strengthens National Currency Identity

KUALA LUMPUR, Feb 21 (Bernama) -- The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, has approved the Saudi riyal symbol, a historic move that will reinforce the Saudi currency's identity.

Malaysia's International Reserves Up At US$117.7 Bln As At Feb 14, 2025

KUALA LUMPUR, Feb 21 (Bernama) -- Malaysia’s international reserves rose to US$117.7 billion as at Feb 14, 2025, from US$116.4 billion on Jan 31, 2025, according to Bank Negara Malaysia (BNM).

Ringgit Holds Steady To End Higher vs US Dollar Ahead Of Fed Minutes

KUALA LUMPUR, Feb 19 (Bernama) -- The ringgit ended higher on Wednesday against a muted US dollar ahead of the release of the US Federal Reserve’s (Fed) January policy meeting minutes.

GDP Growth Across Asia-pacific Region Expected To Slow To 3.7 Pct This Year -- Moody's Analytics

KUALA LUMPUR, Feb 19 (Bernama) -- Gross domestic product (GDP) growth across the Asia-Pacific (APAC) region is expected to slow to 3.7 per cent in 2025 from an estimated 3.9 per cent in 2024 on trade tensions, policy shifts and uneven recoveries.

Late Buying Lifts Bursa Malaysia To End At Intraday High

KUALA LUMPUR, Feb 18 (Bernama) -- Bursa Malaysia’s main index pared its earlier losses to end at its intraday high on Tuesday, driven by late buying in heavyweights and in line with most regional markets.

Ringgit In Right Direction Despite Uncertainties Caused By US Trade War - BNM Governor

KUALA LUMPUR, Feb 17 (Bernama) -- The ringgit is moving in the right direction despite the uncertainties caused by the United States’ (US) trade war, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

BNM, BI And BOT Adopt Harmonised Local Currency Transaction Framework Guidelines

KUALA LUMPUR, Feb 17 (Bernama) -- Bank Negara Malaysia (BNM), Bank Indonesia (BI) and the Bank of Thailand (BOT) today announced the adoption of a harmonised Local Currency Transaction Framework Operational Guidelines (LCTF OG) and the expansion of eligible cross-border transactions under the framework.

Strong GDP Growth Proves Effectiveness Of MADANI Economic Policies - PM Anwar

KUALA LUMPUR,  Feb 15 (Bernama) -- The strong gross domestic product (GDP) growth of 5.1 per cent in 2024 is a testament to the effectiveness of the MADANI Economy policies, said Prime Minister Datuk Seri Anwar Ibrahim.

Malaysia's Political Stability, Monetary Policies Among Contributors To Upbeat GDP --Fahmi

PUTRAJAYA, Feb 14 (Bernama) -- Malaysia’s political stability and monetary policies were among the contributors to the country’s positive gross domestic product (GDP) growth last year, which surpassed the minimum target, said Communications Minister Fahmi Fadzil.

Upbeat 2024 GDP Performance Drives Ringgit To End Higher

By Zufazlin Baharuddin

KUALA LUMPUR, Feb 14 (Bernama) -- The Malaysian economy saw significant growth in 2024, boosting the ringgit to end the week higher against the US dollar.

Short-Term Rates End Steady On BNM Operations

KUALA LUMPUR, Feb 14 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system. 

Headline, Core Inflation Edge Lower To 1.8 Pct In 2024

KUALA LUMPUR, Feb 14 (Bernama) -- Malaysia’s headline and core inflation for 2024 both declined to 1.8 per cent in 2024, compared with 2.5 per cent and 3.0 per cent respectively in 2023.