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Bank Negara Malaysia set to raise policy rate again – Moody’s Bernama
KUALA LUMPUR: Bank Negara Malaysia (BNM) is expected to lift its Overnight Policy Rate (OPR) by 25 basis points (bps) to 2.25 per cent at its fourth Monetary Policy Meeting (MPC) of the year scheduled for this week, according to
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Ringgit opens lower against US dollar
KUALA LUMPUR: The ringgit extended its downtrend against the US dollar this morning due to the stronger US dollar Index (DXY), as the United States (US) Federal Reserve chair Jerome Powell reiterated his stance to keep raising interest rates in a
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DOSM: M’sia’s economic recovery remains in sight amid global uncertainty
KUALA LUMPUR: Economic recovery remains in sight with a better trend as signalled by Malaysia’s macroeconomic performance in April 2022 amid global uncertainty, said the Department of Statistics Malaysia (DoSM). Chief statistician Datuk Seri Dr Mohd Uzir Mahidin said more
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Malaysia committed to creating liveable, sustainable cities
KATOWICE: Malaysia is committed to creating liveable and sustainable cities which will improve the quality of life for its inhabitants, said Malaysia’s Housing and Local Government Minister Datuk Seri Reezal Merican Naina Merican. “It is a core principle in Malaysia’s
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Ringgit opens marginally higher against US dollar
KUALA LUMPUR: The ringgit opened marginally higher against the US dollar today in anticipation of a higher overnight policy rate (OPR) being set at the fourth Monetary Policy Committee (MPC) meeting next week to contain inflation, said an analyst. At
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BKM cash aid totalling RM8.2 billion, largest in country’s history: Tengku Zafrul
KUALA LUMPUR: Assistance channelled under the Bantuan Keluarga Malaysia (BKM) is the largest direct cash assistance in the country’s history compared with Bantuan Rakyat 1Malaysia (BR1M) and Bantuan Sara Hidup (BSH), said Finance Minister Tengku Datuk Seri Zafrul Tengku Aziz(pix).
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Bursa opens higher on positive Wall Street showing
KUALA LUMPUR: Bursa Malaysia opened higher on Friday, taking its cue from the Wall Street’s positive performance overnight, as well as those of its regional peers, a dealer said. At 9.05am, the FTSE Bursa Malaysia KLCI (FBM KLCI) rose 3.45
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Ringgit opens marginally higher against US Dollar
KUALA LUMPUR – The ringgit opened marginally higher against the US dollar today, ahead of Malaysia’s consumer price index (CPI) report for May 2022, scheduled to be released by the Department of Statistics (DoSM) today, said an analyst. At 9.00 am, the
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Bursa Malaysia opens marginally higher
KUALA LUMPUR: Bursa Malaysia opened marginally higher on Wednesday, tracking the rallies on Wall Street overnight as market consensus points toward a slowdown in inflation in the coming quarters, a dealer said. At 9.06am, the FTSE Bursa Malaysia KLCI (FBM
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Ringgit opens flat against US dollar in wait-and-see mode
KUALA LUMPUR: The ringgit opened flat against the US dollar today as investors opted for a wait-and-see attitude on the latest economic assessment by the US Federal Open Market Committee (FOMC) meeting, an analyst said. At 9 am, the local
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