Short-term rates set to remain stable

KUALA LUMPUR, 13 Julai -- Bank Negara Malaysia mengumumkan mengurangkan kos pinjaman hari ini, dengan kadar faedah penanda aras utama atau Kadar Dasar Semalaman diturunkan daripada 3.25 peratus kepada 3.0 peratus.

KUALA LUMPUR: Short-term rates are likely to remain stable this week on Bank Negara’s operations to absorb surplus liquidity in the financial system.

During the holiday-shortened week just ended, the central bank intervened on a daily basis to reduce excess funds from the financial system by conducting tenders, including conventional money market tenders, reverse repo tenders, qard tenders and commodity murabahah programme tenders. — Bernama

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