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Bank Negara Malaysia (BNM)
Currencies
Complacency is a dangerous issue when taming Asia’s most volatile currencies
(Aug 14): Policy makers in Indonesia and Malaysia have been so successful in quashing currency volatility that this is breeding a new danger: complacency.
August 14, 2017
Offshore ringgit trade is against Malaysia's policy
KUALA LUMPUR (Aug 10): Malaysia's central bank said on Wednesday the introduction of ringgit futures on the Singapore Stock Exchange and the Intercontinental Exchange, and their offshore trading is inconsistent with Malaysia's policies.
August 10, 2017
Malaysia
Foreign insurers plan US$2 billion of Malaysia deals
(July 20): Overseas insurers including Prudential Plc are pursuing plans to sell stakes in their Malaysian units, in deals that could raise at least a combined US$2 billion ($2.74 billion) and help them comply with foreign ownership limits, people with kn
July 20, 2017
Malaysia
AMMB, RHB confirm merger plan; get BNM nod
KUALA LUMPUR (June 1): RHB Bank and AMMB Holdings have confirmed that they are exploring a merger and that they have obtained approval from Bank Negara Malaysia (BNM) to commence discussions.
With BNM’s approval, the two lenders said they have inke
June 01, 2017
Malaysia
Recalling Bank Negara’s massive forex losses
SINGAPORE (March 24): The government is moving ahead to investigate whether there were any wrong doings in the massive foreign exchange losses suffered by Bank Negara some 25 years ago. Many people today may not have a good recollection of what happened,
March 26, 2017
Commentary
The future of the Malaysian ringgit
SINGAPORE (March 6): Last May, a 128-gigabyte Apple iPhone 6s Plus in Malaysia cost RM3,699. At the exchange rate of SGD1:RM2.85 then, that would have been around $1,298 –about the same as the retail price in Singapore.
March 06, 2017