Saturday, 13 May 2017 PETALING JAYA: The central bank has left the key interest rate unchanged saying that inflation posed little impact with economy is expected to sustain its growth momentum. The Bank Negara said yesterday that it is maintaining its overnight policy rate (OPR) at 3%. “Given the improvement …
Read More »Kuala Lumpur : ICAEW BNM-term interest rate increase
Thursday 27 April The Institute of Chartered Accountants of England and Wales (ICAEW), an organization based in London, expects Bank Negara Malaysia (BNM) raised interest rates in the second half of this year. In the report Economic Insight: South East Asia, ICAEW said the increase was driven by a rise …
Read More »Bank Negara Malaysia international reserves at US$95.7 billion as at 14 April
Saturday, 22 April 2017 KUALA LUMPUR: The international reserves of Bank Negara Malaysia (BNM) amounted to US$95.7 billion (equivalent to RM423.2 billion) as at April 14, 2017 compared with US$95.4 billion (equivalent to RM422.2 billion) registered as at March 31, 2017. In a statement, BNM said the reserves position was …
Read More »Bank Negara records higher foreign reserves at 31 March
Friday, 7 April 2017 KUALA LUMPUR: Bank Negara Malaysia (BNM) reported an increase in the country’s international reserves at US$95.4 billion as at 31 March 2017. According to the central bank on Friday, the foreign reserves rose US$500mil from US$94.9 billion on 15 March. However, in ringgit terms, there was …
Read More »Bank Negara Malaysia – Kijang Scholarship 2017
Kijang Scholarships 2017 are awarded to eligible individuals to pursue pre-university and subsequently undergraduate studies in Economics, Accounting, Finance, Actuarial Science, Law and Computer Science at top universities per the Bank’s list of approved universities. Requirements for Kijang Scholarship include: – Minimum 8As (A and A+ only) in SPM 2016 …
Read More »Bank Negara Malaysia maintains OPR at 3.0%
Thursday, 2 March 2017 KUALA LUMPUR: The Monetary Policy Committee (MPC) of Bank Negara Malaysia has decided to maintain the Overnight Policy Rate (OPR) at 3.00%. In a statement today, the central bank said economic activity in advanced and emerging economies continued to improve with global trade showing a recovery. …
Read More »Bank Negara Malaysia now stronger, more transparent, accountable
Friday, 27 January 2017 KUALA LUMPUR: Bank Negara Malaysia (BNM) says recent media coverage on foreign exchange (forex) losses referred to events that occurred nearly 25 years ago. In a statement issued on Friday, the central bank said it has moved forward, stronger, more transparent and accountable. Under the current …
Read More »Malaysia Ringgit to be more stable this year
Monday, 9 January 2017 PUTRAJAYA: Prime Minister Datuk Seri Najib Razak has expressed confidence that the measures taken by Bank Negara Malaysia (BNM) will help make the ringgit more stable this year. Najib, who is also the Finance Minister, said of 149 world currencies, 123 faced a decline in value …
Read More »Bank Negara international reserves at US$94.6 billion as at 30 December 2016
Saturday, 7 January 2017 KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves amounted to US$94.6 billion (equivalent to RM424.2 billion) as at 30 December 2016 compared with US$95.3 billion (RM409.1 billion) as at end-2015. BNM said the reserves level as at 30 December 2016 had taken into account the adjustment …
Read More »Malaysia’s economy grew 4.0 pct in Q2
Friday, 12 August 2016 KUALA LUMPUR: In line with the moderate growth pace of the global economy, the Malaysian economy grew 4.0 percent in the second quarter, leading to a 4.1 percent growth in the first half of 2016. In a statement, Bank Negara Malaysia (BNM) said domestic demand was stronger during the …
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