ringgit

Relying on oil to fund persistent operating deficit is neither wise nor sustainable

As a matter of public policy, repatriating domestic savings and reinvesting the money locally make perfect sense.

Why is there such a contrast between public articulation, by economists, analysts and the media, and the actions of smart money?

“The flexibility of the ringgit will continue to benefit the Malaysian economy."

It is understood that Bank Negara Malaysia is delaying the release of its much-anticipated guidance on the economy that traditionally accompanies its annual report, owing to the ongoing movement control order (MCO) that has been extended to April 14.

(Aug 17): Malaysia's central bank said on Friday exporters will no longer be obligated to convert most of their proceeds into ringgit, relaxing a rule introduced in 2016 to boost onshore trading of the currency.

KUALA LUMPUR (May 10): Malaysia's central bank kept its key interest rate unchanged on Thursday, citing lower inflation and steady economic growth hours after a shock election victory for the opposition that Moody's rating agency said left the cou

SINGAPORE (Sept 7): Over the hearing which took place at the Royal Commission of Inquiry (RCI) yesterday, Malaysia’s former second finance minister Tan Sri Nor Mohamed Yakcop, who served as adviser to Bank Negara Malaysia (BNM) from 1998 to 2000, admitt

SINGAPORE (July 13): When the global trade rebound came this year, Malaysia held one advantage over its peers: the cheapest currency in Southeast Asia.

KUALA LUMPUR (June 29): Malaysian assets are back in favor as investors focus on encouraging signs of an economic turnaround instead of a scandal that has touched the top of government and as far as Hollywood.