SUNGAI BULOH: Bank Negara Malaysia’s decision to leave the overnight policy rate (OPR) unchanged benefits the manufacturing sector and other industries as it helps to contain costs, said the Federation of Malaysian Manufacturers (FMM) president Tan Sri Soh Thian Lai.
KUALA LUMPUR: The lower Overnight Policy Rate (OPR) increase by Malaysia as compared to the Philippines, Indonesia, Korea and India is one of the main reasons for the ringgit's decline, says Datuk Seri Amir Hamzah Azizan.
KUALA LUMPUR: Local institutions’ net buying of Malaysian equities more than tripled to RM1.42 billion last week from RM443.5 million in the previous .
The ringgit is expected to continue its uptrend against the US dollar this week, supported by improving sentiment amid an encouraging domestic environment, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid.
BERNAMA – The ringgit is expected to continue its uptrend against the US dollar this week, supported by improving sentiment amid an encouraging domestic environment, said Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid. He said the local note is likely to trend between 4.67 and 4.69 against the greenback next week following […]