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KUALA LUMPUR, May 13 (Bernama) -- The ringgit opened higher against a basket of major currencies, including the US dollar today, ahead of Malaysia’s first quarter (1Q) gross domestic product (GDP) announcement on Friday.
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By Abdul Hamid A Rahman
KUALA LUMPUR, May 12 (Bernama) -- The ringgit closed higher against most major currencies, but eased versus the greenback amid expectations that firmer United States inflation could reinforce the US Federal Reserve’s restrictive monetary policy stance, thereby supporting demand for the US dollar.
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KUALA LUMPUR, May 12 (Bernama) -- Malaysia’s gross domestic product (GDP) is projected to expand 4.8 per cent in 2026, provided the West Asia conflict ends by June, underpinned by stable domestic demand, improving investment activity and ongoing economic reforms, Affin Bank Bhd said.
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KUALA LUMPUR, May 11 (Bernama) -- Bank Negara Malaysia (BNM) and Bank Indonesia (BI) have signed a new memorandum of understanding (MoU) that strengthens bilateral cooperation between the two central banks.
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KUALA LUMPUR, May 8 (Bernama) -- Bank Negara Malaysia’s (BNM) international reserves stood at US$129.7 billion as at April 30, 2026.
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By M. Saraswathi & Karina Imran
KUALA LUMPUR, May 8 (Bernama) -- Malaysia's economy remains resilient despite mounting risks from the ongoing West Asia conflict, supported by strong domestic demand, sustained investment activity and robust exports linked to the global technology and artificial intelligence (AI) upcycle.
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By M. Saraswathi & Karina Imran
KUALA LUMPUR, May 8 (Bernama) -- Monetary policy is primarily a demand management tool. As such, it is generally a less appropriate tool in addressing supply-driven shocks, such as rising fuel and commodity prices, according to Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour.
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KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent today reinforced expectations that the central bank will likely hold the rate throughout 2026, although investment banks and research houses caution that prolonged geopolitical tensions and higher oil prices could still alter the inflation outlook.
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KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 2.75 per cent for a sixth consecutive Monetary Policy Committee (MPC) meeting reflects growing confidence in the resilience of Malaysia’s domestic economy despite mounting global uncertainties, economists said.
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KUALA LUMPUR, May 7 (Bernama) -- The ringgit extended its gains today, closing firmer against major currencies and most regional peers following Bank Negara Malaysia’s (BNM) move to maintain the Overnight Policy Rate (OPR) at 2.75 per cent.
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KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia (BNM) said Malaysia’s latest economic indicators point towards continued growth momentum in the first quarter of 2026 (1Q 2026), driven by sustained domestic demand and strong export performance.
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KUALA LUMPUR, May 7 (Bernama) -- Bank Negara Malaysia’s Monetary Policy Committee (MPC) has maintained the Overnight Policy Rate (OPR) at 2.75 per cent during its meeting today.