Malaysia's Official Reserve Assets At US$116.22 Bln As At End-December 2024 - BNM

KUALA LUMPUR, Jan 31 (Bernama) -- Malaysia’s official reserve assets amounted to US$116.22 billion, while other foreign currency assets stood at US$4.50 million as at end-December 2024, said Bank Negara Malaysia (BNM). 

BNM Fines Ambank RM875,000 And WSMC RM51,000 For Regulatory Non-Compliance

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed a compound of RM875,000 on AmBank (M) Bhd on Nov 18, 2024, for failing to comply with the Direction to Financial Institutions of the Financial Services Act 2013 (FSA).

BNM Imposes Penalties Totalling RM1.66 Mln On Four Financial Institutions

KUALA LUMPUR, Jan 28 (Bernama) -- Bank Negara Malaysia (BNM) has imposed administrative monetary penalties (AMP) totalling RM1.66 million on four financial institutions for non-compliance with the Financial Services Act 2013 (FSA) and/or Islamic Financial Services Act 2013 (IFSA).

BNM Appoints Madelena Mohamed As Assistant Governor For Strategy, Sustainability

KUALA LUMPUR, Jan 27 (Bernama) -- Bank Negara Malaysia (BNM) has appointed Madelena Mohamed as its assistant governor, overseeing the new strategy and sustainability sector, effective Feb 1, 2025.

Ringgit Closes Marginally Lower As Dollar Strengthens Amid Trump’s Tariff Rhetoric

By Abdul Hamid A Rahman

KUALA LUMPUR, Jan 27 (Bernama) -- The ringgit closed marginally lower today, pressured by a stronger greenback amid heightened tariff rhetoric from United States President Donald Trump, which lifted the dollar’s strength in broader markets.

Bursa Malaysia Expects To List 60 IPOs In 2025, With RM40.2 Bln Market Capitalisation

KUALA LUMPUR, Jan 27 (Bernama) -- Bursa Malaysia Bhd is expecting to list 60 initial public offerings (IPOs) in 2025, with a total market capitalisation of RM40.2 billion.

​​​​Ringgit To Trade Cautiously Ahead Of FOMC, Range RM4.37 - RM4.38 Next Week

KUALA LUMPUR, Jan 25 (Bernama) -- The ringgit is expected to trade cautiously against the greenback next week, ahead of the US Federal Open Market Committee (FOMC) meeting, and to remain within the RM4.37 to RM4.38 range, an economist said.

Short-Term Rates End Steady On BNM Operations

KUALA LUMPUR, Jan 24 (Bernama) -- Short-term interbank rates closed steady today following Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system. 

Economist Forecasts Ringgit To Reach RM4.45 Vs US Dollar By Year-end

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit is likely to trade sideways, with an end-of-year forecast of RM4.45 against the US dollar.

Bursa Malaysia Stays In The Red At Midday On Profit-taking Activities

KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia remained in the red at midday on continuous profit-taking activities after the recent rally, with the main index losses dragged by YTL counters.

Bursa Malaysia Opens Lower On Lack Of Buying Interest

KUALA LUMPUR, Jan 24 (Bernama) -- Bursa Malaysia opens lower today on lack of buying interest after the recent rally, despite the better regional market showing which tracked the upbeat performance on Wall Street overnight.

Ringgit Opens Higher Against Greenback Amid Cautious Sentiment

By Karina Imran and Danni Haizal Danial Donald

KUALA LUMPUR, Jan 24 (Bernama) -- The ringgit opened higher against the US dollar as investors remained cautious due to higher-than-expected inflation and ahead of global central bank policy updates.