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KUALA LUMPUR, Nov 10 (Bernama) -- Malaysia is progressing at a reasonable pace in implementing strategic and structural reforms to achieve the nation's aspiration of becoming a high-income and developed nation, said Bank Negara Malaysia governor Datuk Seri Abdul Rasheed Ghaffour.
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By Zufazlin Baharuddin
KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit continued to rise against the US dollar at the close on Friday, touching the 4.17 level -- its strongest level so far this year -- driven by positive Malaysian economic data, steady Overnight Policy Rate (OPR) and weaker US economic data.
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KUALA LUMPUR, Nov 7 (Bernama) -- Bursa Malaysia opened slightly lower on Friday, tracking overnight losses on Wall Street amid mixed performances in regional markets.
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KUALA LUMPUR, Nov 7 (Bernama) -- The ringgit opened higher against the US dollar on Friday, after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 2.75 per cent, touching the 4.17 level.
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By Danni Haizal Danial Donald
KUALA LUMPUR, Nov 6 (Bernama) -- Bursa Malaysia reversed earlier gains to close at its intraday low on Thursday, weighed down by late selling and profit-taking, despite the upbeat performances in regional markets.
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KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) has room to reduce the overnight policy rate (OPR), but there is no immediate urgency to do so given the country’s resilient economic outlook, said Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid.
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KUALA LUMPUR, Nov 6 (Bernama) -- Bank Negara Malaysia (BNM) maintains the overnight policy rate (OPR) at 2.75 per cent at its final Monetary Policy Committee (MPC) meeting for 2025.
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By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 5 (Bernama) -- Maintaining the Overnight Policy Rate (OPR) at 2.75 per cent would provide better predictability in borrowing costs, allowing Malaysians to plan capital expenditures and asset purchases with confidence, said an economist.
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KUALA LUMPUR, Nov 4 (Bernama) -- The ringgit opened higher against the US dollar and stayed on a firm footing, as lingering uncertainty over US monetary policy weighed on the greenback.
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From Nor Baizura Basri
GYEONGJU (South Korea), Nov 1 (Bernama) -- Digital transformation and the acceleration of artificial intelligence (AI) adoption are at the helm of the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting (AELM), as leaders deliberate on both the challenges and opportunities, with Malaysia cautioning member economies about the risks moving forward.
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KUALA LUMPUR, Oct 31 (Bernama) -- CIMB Treasury & Markets Research expects Bank Negara Malaysia (BNM) to maintain the overnight policy rate (OPR) at 2.75 per cent in its final Monetary Policy Committee (MPC) meeting on Nov 6, underpinned by robust macroeconomic indicators.
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From Nor Baizura Basri
GYEONGJU (South Korea), Oct 29 (Bernama) – As Prime Minister Datuk Seri Anwar Ibrahim travels to South Korea for the APEC Summit, he can take pride that it was Malaysia that offered a “neutral” venue for the United States (US) and China to reach a framework agreement and avert a trade war between the economic superpowers.