News about BNM

KUALA LUMPUR (April 1): The unconditional withdrawals under the Employees Provident Fund’s (EPF) i-Sinar facility is expected to provide an immediate positive impact to the economy in terms of consumption, said Bank Negara Malaysia (BNM) deputy governor Datuk Abdul Rasheed Ghaffour.

KUALA LUMPUR (March 31): Bank Negara Malaysia (BNM) said online retail sales almost doubled during the Covid-19 pandemic, demonstrating rapid growth of the digital economy as a contributor to the country’s growth.

KUALA LUMPUR (March 30): Bank Negara Malaysia (BNM) said today that private consumption growth stood at 4.

KUALA LUMPUR (March 31): Unsold properties continue to remain at an elevated level, driven by serviced apartments, small office home office (SOHO) units, and houses priced above RM500,000 in less popular locations, said Bank Negara Malaysia (BNM).

KUALA LUMPUR (March 31): A well financial management is a responsibility that one must have in order to avoid considerable difficulties and challenges in life, especially during the unexpected event such as the recent pandemic, said Bank Negara Malaysia (BNM).

KUALA LUMPUR (March 31): The country's headline inflation is anticipated to temporarily spike to above 5.

KUALA LUMPUR (March 5): Economists no longer expect another rate cut after Bank Negara Malaysia (BNM) kept the overnight policy rate (OPR) unchanged at 1.

KUALA LUMPUR (March 4): Bank Negara Malaysia (BNM) maintained the Overnight Policy Rate (OPR) at 1.

KUALA LUMPUR (March 3): HSBC Global Research, which earlier projected a cut in the Overnight Policy Rate (OPR) in the first quarter of 2021, is now of the view that Bank Negara Malaysia (BNM) is likely to keep the rate unchanged at 1.

KUALA LUMPUR (Feb 11): Bank Negara Malaysia (BNM) is neither hawkish nor dovish, but it is defensive on the direction of the overnight policy rate (OPR).