Bank Negara’s latest meeting on the ringgit’s depreciation was a disappointment, with no concrete monetary policy solutions offered even as the central bank labelled the depreciation as “excessive”.
KUALA LUMPUR: Bank Negara Malaysia (BNM) will intervene in the foreign exchange market to stabilise the ringgit currency to stem currency movements that are deemed excessive, according to assistant governor Adnan Zaylani.
KUALA LUMPUR: CIMB Bank Bhd has launched a sustainability-linked Treasury programme with Farm Fresh Bhd and Sunway Bhd via Sunway Treasury Sdn Bhd as its pioneering clients.