KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s international reserves eased to US$118.0 billion as at March 14, 2025, from US$118.3 billion on Feb 28, 2025, according to Bank Negara Malaysia (BNM).
KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia (BNM) said its long-standing policy of decentralising international reserves had led to the accumulation of sizeable non-reserve external assets, strengthening Malaysia’s external position.
KUALA LUMPUR, March 24 (Bernama) -- Bank Negara Malaysia (BNM) emphasised that structural reforms and policies must take precedence over excessive reliance on international reserves to manage currency fluctuations.
KUALA LUMPUR, March 24 (Bernama) – Bank Negara Malaysia’s (BNM) total assets as at Dec 31, 2024 decreased 1.61 per cent to RM621.54 billion from RM631.74 billion in the previous year, with international reserves continuing to account for the bulk of assets at 84 per cent (2023: 82 per cent).
KUALA LUMPUR, March 24 (Bernama) -- Banking system deposits grew at a slower pace of three per cent in the second half of 2024 (2H 2024), driven by the slower growth of deposits from resident businesses, partly due to higher costs and debt repayment.
KUALA LUMPUR, March 24 (Bernama) -- Orderly domestic market conditions will continue given Malaysia’s deep and liquid financial markets and sound banking system, providing sufficient buffer against global volatility.
KUALA LUMPUR, March 24 (Bernama) -- Malaysia’s currency in circulation (CIC) rose by 5.5 per cent year-on-year to RM170.7 billion as of Dec 31, 2024, reversing a 0.2 per cent decline in 2023, where it stood at RM161.8 billion.
KUALA LUMPUR, March 24 (Bernama) -- Alliance Bank Malaysia Bhd (ABMB) is on the right track to scale up operations following its proposal to undertake a rights issue to raise RM600 million to boost its diminishing common equity tier-1 (CET-1) of 12.4 per cent by +1.1 percentage points (ppts), CIMB Securities Sdn Bhd.
KUALA LUMPUR, March 24 (Bernama) -- The ringgit opened higher today on expectations that Malaysia will be among the least affected by the US government's implementation of reciprocal tariffs on April 2, given that the country is seen as having one of the lowest tariff rates.
By Nurunnasihah Ahmad Rashid
KUALA LUMPUR, March 23 (Bernama) -- Gold price is on fire! The precious metal continues to defy expectations, repeatedly smashing record highs as investors seek refuge from global economic turbulence.
By Karina Imran
KUALA LUMPUR, March 22 (Bernama) -- The ringgit is anticipated to trade within the 4.42–4.45 range against the US dollar next week, with short-term volatility contingent upon broader market dynamics.
By Karina Imran
KUALA LUMPUR, March 21 (Bernama) -- The ringgit ended higher against the US dollar on improved sentiment towards the local currency, said an analyst.
