Bank Negara Malaysia (BNM)

From Bloomberg

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.
From Bloomberg

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.
From Reuters

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

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

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,

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.
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