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BNM
Finance Minister: Ringgit Depreciation Caused By Temporary Factors, Currency Expected To Strengthen
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz has reassured the public that the ringgit’s current depreciation is […]
BNM
Former BNM Deputy Governor: Currency Peg Could Push Malaysia Into Financial Crisis
Former Bank Negara Malaysia (BNM) deputy governor, Dr Sukudhew (Sukhdave) Singh has come forward to caution that pegging […]
BNM
BNM Says Ringgit Pegging Is Not In Malaysia’s Interest
BNM governor said that pegging the ringgit to the US dollar will not benefit Malaysia as it will only expose the country to great risks.
BNM
Economists Expect Another OPR Hike In Second Half Of 2022
Several economists have predicted a further OPR increase, subject to the economic growth, inflationary rate, and macroeconomic conditions.
BNM
BNM Raises OPR For The First Time Since July 2020, From 1.75% To 2.00%
The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) has decided to increase the overnight policy rate […]
BNM
Economists Expect BNM To Increase OPR As Early As This Month
Several economists have predicted that BNM will soon raise the OPR in light of the improved economic conditions and inflationary pressures.
BNM
FOMCA Urges BNM To Instruct Banks To Replenish Cash In ATMs
FOMCA has urged BNM to instruct all banks to replenish cash in their ATMs as many of the machines are reportedly running out of cash.
BNM
Maybank Keen To Contribute To Development Of CBDC
Maybank has said that it is keen to play a major role in the development of central bank […]
BNM
Malaysia’s Household Debt-To-GDP Ratio At End-2021 Improves From Record High 93.2% In 2020
BNM reported that Malaysia’s household debt-to-Gross Domestic Product (GDP) ratio has settled at 89% as at December 2021.
BNM
BNM Launches World’s First Transaction-Based Islamic Benchmark Rate, MYOR-i
Bank Negara Malaysia (BNM) has introduced the Malaysia Islamic Overnight Rate (MYOR-i), noted to be the first transaction-based […]
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Malaysian Banks And Local Institutions Offer Financial Assistance For Customers Affected By Covid-19
(Last update: 1 April 2020, 3.40pm to include FAQs by banks.) With Malaysia going into an extended period […]
Malaysia Bank Moratorium: Why You Should Opt For The 6-Month Deferment For ALL Loans (Updated)
EDITOR’S NOTE: This article refers to the 2020 loan moratorium, and the information here may be outdated. Please […]
BNM Cuts OPR to 2.75%: What It Means for Your Money
Bank Negara Malaysia (BNM) has officially lowered the Overnight Policy Rate (OPR) by 0.25%, bringing it to a […]
#SaveMoneyWithHann: A Personal Finance Q&A
Recently, Bank Negara Malaysia (BNM) held a financial literacy webinar featuring Hann Liew, Co-Founder of RinggitPlus and Suraya […]