OPR Continues To Be Supportive Of The Economy -- BNM Governor
KUALA LUMPUR, Jan 22 (Bernama) -- The following is an interview with Bank Negara Malaysia Governor Datuk Seri Abdul Rasheed Ghaffour after January’s Monetary Policy Committee meeting:-
| LATEST NEWS | SPB Development Bhd has secured SC approval for a listing on Main Market of Bursa Malaysia in 2Q this year | Chambers of commerce in the country should work as one team to enhance Malaysia's progress – PM Anwar | The govt has opted for a 2 pct EPF contribution rate for foreign workers instead of the originally proposed 12 pct -- PM Anwar | King's address: MADANI Gov't will ensure economic resources are distributed for national development, benefiting all levels of society – PM Anwar | ACCCIM urges govt to introduce export credit schemes and reduce import duties on raw materials to help SMEs adapt to new trade policies by major economies | |
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Ringgit Closes Higher Against US Dollar Supported By Decline In Malaysia's Inflation
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 22 (Bernama) -- The ringgit closed higher against the US dollar on Wednesday, supported by data showing a decline in Malaysia’s inflation rate, said an economist.
BNM's Decision To Keep OPR At 3 Pct Will Stimulate Economic Growth - Economists
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 22 (Bernama) -- Bank Negara Malaysia's (BNM) strategy to maintain the Overnight Policy Rate (OPR) at 3.0 per cent today is meticulously crafted, emphasising sustained economic growth while keenly monitoring the ebb and flow of global financial and geopolitical developments, said economists.
Ringgit Opens Higher Against US Dollar For Third Consecutive Day
KUALA LUMPUR, Jan 22 (Bernama) -- 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.
Ringgit Ends Higher Vs USD After Trump's Inauguration Speech
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit ended higher against the US dollar today, primarily driven by the United States (US) President Donald Trump's inauguration speech, said an economist.
Rubber Market Closes Higher After US Delays China Tariffs
By Nur Athirah Mohd Shaharuddin
KUALA LUMPUR, Jan 21 (Bernama) -- The local rubber market ended higher on Tuesday in line with most of its regional peers as sentiment was lifted after the United States (US) delayed imposing tariffs on China, a dealer said.
Standard Chartered Global Research: BNM To Likely Keep OPR Unchanged At 3.0 Pct
KUALA LUMPUR, Jan 21 (Bernama) -- Standard Chartered Global Research expects Bank Negara Malaysia (BNM) to keep the overnight policy rate (OPR) unchanged at 3.0 per cent at its monetary policy decision on Jan 22.
Ringgit Rises Against US Dollar After Trump’s Inauguration Speech
KUALA LUMPUR, Jan 21 (Bernama) -- The ringgit opened higher against a weakening US dollar as US President Donald Trump, in his inauguration speech avoided announcing new tariffs, particularly on China.
Ringgit Closes Higher Against US Dollar Ahead Of Trump's Inauguration
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Jan 20 (Bernama) -- The ringgit closed higher against the US dollar ahead of US President Donald Trump’s inauguration today, said an economist.
Ringgit Edges Up Ahead Of Trump’s Inauguration
By Karina Imran
KUALA LUMPUR, Jan 20 (Bernama) -- The ringgit edged higher against the US dollar this morning, buoyed by cautious sentiment ahead of US President Donald Trump’s inauguration, an analyst said.
Ringgit Likely To Trade At Around 4.50 Against US Dollar Next Week
By Siti Radziah Hamzah
KUALA LUMPUR, Jan 18 (Bernama) -- The ringgit is expected to trade at around 4.50 against the US dollar next week as markets brace for Donald Trump’s inauguration on Jan 20, said Kenanga Investment Bank Bhd (Kenanga IB).
Rubber Market Set For Modest Rise Next Week Amid Steady Demand Ahead Of CNY Celebrations
By Rosemarie Khoo Mohd Sani
KUALA LUMPUR, Jan 18 (Bernama) -- The rubber market is likely to move up slightly next week, with steady demand ahead of the Chinese New Year (CNY) celebration, said industry expert Denis Low.