Short-term rates close stable


Earlier yesterday, the central bank issued three conventional money market tenders, a repo tender, an Islamic range maturity auction or iRMA Qard tender, and a reverse repo tender.

KUALA LUMPUR: Short-term interbank rates closed stable yesterday on Bank Negara’s operations to absorb surplus liquidity from the financial system.

Liquidity in the conventional system eased to RM32bil from RM34bil yesterday morning, while in Islamic funds, it fell to RM19bil from RM26bil previously.

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