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Ringgit expected to trend downward on lack of catalysts this week
The ringgit is expected to trend downward against the US dollar this week on lack of catalysts, according to an analyst.
Monetary policy adjustment critical, says Bank Negara governor
KUALA LUMPUR: The adjustment of the monetary policy is absolutely critical to avoid the need to be overly aggressive in raising interest rates, says Bank Negara Malaysia governor Tan Sri Nor Shamsiah Mohd Yunus.
Growth projection maintained on stronger demand
WITH the economy expected to improve further this year, no changes were made by the central bank to the country’s annual gross domestic product (GDP) growth projection of between 5.3% and 6.3% that was announced in March.
Pegging the ringgit not in Malaysia's best interest: BNM Governor
KUALA LUMPUR: Pegging the ringgit will not be in the best interest of Malaysia as it will have substantial risks, one of which is mirroring the monetary policy of the country that the local currency is pegged against, Bank Negara Malaysia (BNM) Governor Tan Sri Nor Shamsiah Mohd Yunus said.
Bank Negara stresses the need to recalibrate monetary policy
KUALA LUMPUR: Bank Negara Malaysia today stressed the importance of recalibrating the monetary policy to avoid the need to be aggressive in raising interest rates, said governor Tan Sri Nor Shamsiah Mohd Yunus today.
Digital banks will enable wider financial inclusion
PETALING JAYA: KAF Investment Bank Bhd expects the awarding of the digital bank licence to a consortium led by the investment bank would enable it to deploy robust digital strategies with its partners for a wider financial inclusion through multi-channel deliveries.
Assessment for digital banks in line with the law
PETALING JAYA: Bank Negara governor Tan Sri Nor Shamsiah Mohd Yunus, in an exclusive interview with Bernama, shares more details on the assessment and selection of the five consortia for digital bank licences.
Assessment for digital banks in line with the law, no plans to issue more licences
KUALA LUMPUR: Bank Negara Malaysia (BNM) governor Tan Sri Nor Shamsiah Mohd Yunus, in an exclusive interview with Bernama, shares more details on the assessment and selection of the five consortia for digital bank licences.
Ringgit likely to settle at more stable level this week
After two weeks of prolonged volatility, the ringgit is expected to stabilise next week due to prospects of a sharper interest rate hikes by the US Federal Reserve.
Getting worse before it gets better
Ringgit can strengthen due to Malaysia’s strong external trade performance
