BNM: Domestic financial markets remain resilient amid global volatility


File pic - Photographer: Samsul Said/Bloomberg

KUALA LUMPUR: Domestic financial market conditions have remained orderly despite heightened volatility in global financial markets during the second and third quarters of 2024, according to Bank Negara Malaysia (BNM).

Shifting investor expectations around major central banks’ monetary policy decisions contributed to this volatility, the central bank said, adding that the ringgit continued to be primarily influenced by external developments.

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