FRIDAY, APRIL 22 KUALA LUMPUR- Release of Bank Negara's foreign reserves as at 15 April 2016 at 1800 (1000 GMT)
KUALA LUMPUR: The Malaysian markets have been resilient and are continuing to operate in an orderly manner after Britain's decision to exit the European Union during the June 23 referendum, says the Financial Market Committee.
Bank Negara Malaysia, which is a member of the committee, said on Thursday there was was smooth intermediation activities among the market participants in Malaysia.
“Key domestic markets including the government bonds, corporate bonds and money markets were stable and the domestic markets continue to have ample liquidity.
“For the Ringgit foreign exchange market, despite higher than usual volatility, liquidity remains supported and financial market participants are able to transact and execute their business without any disruptions,” it said in a statement.
Bank Negara said it would continue to monitor these developments and work with the Financial Market Committee members, including taking proactive measures, to address any further volatility that could re-emerge from the transition process to ensure orderly functioning of the financial markets.
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