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Ringgit exchange rate influenced by US interest rates: Malaysian Minister

KUALA SELANGOR (BERNAMA) – The ringgit exchange rate depended on the country’s economic fundamentals and is also influenced by interest rates in the United States (US), Minister of Finance Tengku Datuk Seri Zafrul Tengku Abdul Aziz said. He said the US Federal Reserve’s (US Fed) announcement on Wednesday, which raised the benchmark lending rate by […]
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Bank Negara: Malaysia's banking system maintains strong liquidity and funding position

KUALA LUMPUR: The banking system continued to maintain healthy liquidity positions, recording a strong liquidity coverage ratio of 152.5 per cent in September, a position which remained supportive of intermediation activities, said Bank Negara Malaysia (BNM).
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Weak ringgit a major draw | Borneo Bulletin Online

ANN/THE STAR – Malaysians working abroad and foreigners are taking advantage of the weak ringgit to visit their loved ones and splurge on shopping and food in the country. South Korean Ilseok Yoo, 30, said he decided to visit Malaysia after listening to good reviews and hearing about good deals. “I heard there is lots […]
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