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Malaysia: Short-term rates likely to remain stable

KUALA LUMPUR: Short-term rates are likely to remain stable this week on Bank Negara’s operations to absorb surplus liquidity from the cash market. During the week just ended, the central bank intervened on a daily basis to reduce excess funds from the financial system by conducting conventional money market tenders, reverse repo tenders, Qard tenders, […]

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Malaysia: Export volume index rises 7.7% on month in August

PETALING JAYA: The export volume index increased 7.7% in August 2022 compared with July, contributed by the rise in miscellaneous manufactured articles (11.9%), machinery and transport equipment (7.9%) and mineral fuels (7.8%). According to the external trade statistics for August 2022 released by the Statistics Department, the seasonally adjusted export volume index increased 16.5% to […]

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Malaysia not in crisis

PETALING JAYA: One could not help but notice that Bank Negara governor repeatedly emphasised in her latest speech – three times to be exact – that the Malaysian economy is no longer in a crisis. Tan Sri Nor Shamsiah Mohd Yunus highlighted that the economic recovery is well underway, although she acknowledged that the future […]

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Malaysian headline inflation rises to 4.7 per cent

ANN/THE STAR – Headline inflation has increased to 4.7 per cent in August 2022 from 4.4 per cent in July, in line with market expectations, said Bank Negara Malaysia (BNM). The central bank said core inflation increased to 3.8 per cent during the month versus 3.4 per cent in the previous month. “The increase largely […]

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