SINGAPORE, April 14 — Singapore's central bank loosened its monetary policy for the second time this year today, as expected, saying prospects for global growth and trade have dimmed amid US tariffs, and the trade ministry cut its growth forecast for the city-state.
KUALA LUMPUR, March 24 — Bank Negara Malaysia (BNM) will remain steadfast in ensuring monetary stability to back long-term, sustainable economic growth.
SINGAPORE, April 12 — Singapore’s central bank left its monetary policy unchanged today, in line with expectations, as authorities looked for signs inflation in the city-state was moderating before they consider loosening settings.
KUALA LUMPUR, March 7 — Credit ratings agency Moody’s Ratings expects Malaysia's real gross domestic product (GDP) growth to improve to 4.5 per cent in 2024 from 3.7 per cent in 2023.
KUALA LUMPUR, Jan 24 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 3.00 per cent during its first meeting of the year today, marking the fourth consecutive meeting that the MPC has opted to hold the key rate.
KUALA LUMPUR, Jan 22 —The ringgit closed lower today against the US dollar, as with other emerging currencies, as investors opted for the greenback on concerns over global economic prospects and ahead of US data later this week that may influence the interest rate outlook in the United States.
BEIJING, Sept 27 — China's central bank said today that it would step up policy adjustments and implement monetary policy in a "precise and forceful" manner to support the economic recovery.
KUALA LUMPUR, March 29 — The Monetary Policy Committee’s (MPC) monetary policy considerations will focus on managing inflation risks while supporting sustainable economic growth in 2023, said Bank Negara Malaysia (BNM).
KUALA LUMPUR, March 29 — Despite moderating in the fourth quarter (4Q) of 2022, headline inflation is expected to remain elevated in 2023, said Bank Negara Malaysia (BNM).
TOKYO, Feb 22 — The Bank of Japan (BOJ) must maintain its ultra-loose monetary policy to allow time to see whether the recent rise in inflation will be accompanied by higher wages, its board member Naoki Tamura said on Wednesday.
PUTRAJAYA, Jan 25 — The overnight policy rate (OPR) can remain at 2.75 per cent if the country’s inflation rate continues to subside in the coming months, Minister of Economy Rafizi Ramli said.
KUALA LUMPUR, Jan 4 — CGS-CIMB Securities Sdn Bhd expects the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) to finish 2023 at 1,633, up by nine per cent against 1,495 at end-2022.
KUALA LUMPUR, Oct 19 — The ringgit retreated against the US dollar this morning following mild profit-taking due to worries over the United States Federal Reserve (Fed) aggressively tightening monetary policy, dealers said.
KUALA LUMPUR, May 9 — The ringgit ended lower against the US dollar today as the greenback continued to strengthen amid further monetary policy tightening by the US Federal Reserve (Fed), said an analyst.
KUALA LUMPUR, April 11 — The ringgit opened slightly lower against the US dollar this morning as demand for the local currency moderated on the back of a stronger greenback, an economist said.
SINGAPORE, Jan 25 — The Monetary Authority of Singapore (MAS) will raise slightly the rate of appreciation of its monetary policy band - Singapore dollar nominal effective exchange rate (S$NEER), as its Core Inflation is forecast to pick up further in the near term.
KUALA LUMPUR, Jan 19 — RHB Banking Group has revised its forecast for Malaysia’s Gross Domestic Product (GDP) this year to 5.4 per cent from 6.3 per cent, reflecting a more conservative growth outlook amid the re-imposition of the movement control order (MCO 2.0).
KUALA LUMPUR, Nov 3 — Bank Negara Malaysia’s (BNM) Monetary Policy Committee (MPC) has decided to maintain the Overnight Policy Rate (OPR) at 1.75 per cent as the global economy continues to recover, led by improvements in manufacturing and export activity.
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