![BNM, BI and BOT adopt harmonised local currency transaction framework guidelines BNM, BI and BOT adopt harmonised local currency transaction framework guidelines](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-02/41739784053_tbBANKNEGARA.jpg)
BNM, BI and BOT adopt harmonised local currency transaction framework guidelines
The guidelines enhance consistency, scalability and efficiency in facilitating local currency transactions across the three countries.
Mon Feb 17 2025
![Malaysia's official reserve assets at US$116.22 bil as at end-December 2024 - BNM Malaysia's official reserve assets at US$116.22 bil as at end-December 2024 - BNM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-11/81732100394_BankNegaraMalaysia.jpg)
Malaysia's official reserve assets at US$116.22 bil as at end-December 2024 - BNM
According to Bank Negara Malaysia, projected foreign currency inflows amount to US$2.49 billion in the next 12 months.
Fri Jan 31 2025
![Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-01/61737007640_TBDONALDTRUMP.jpg)
Trump repeats tariffs threat to dissuade BRICS nations from replacing US dollar
Trump warns BRICS member countries from replacing the US dollar as a reserve currency by repeating a 100%-tariffs threat.
Fri Jan 31 2025
![Malaysia central bank to hold key rate at 3.0% through end-2025 Malaysia central bank to hold key rate at 3.0% through end-2025](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-01/71736323776_tbBANKNEGARA.jpg)
Malaysia central bank to hold key rate at 3.0% through end-2025
BNM's outlook aligns with poll results, which suggest it will avoid easing this year to prevent the currency from weakening further.
Mon Jan 20 2025
![Ringgit opens firmer despite safe-haven demand Ringgit opens firmer despite safe-haven demand](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-12/71733324509_ringgitduit.jpg)
Ringgit opens firmer despite safe-haven demand
The ringgit opened higher against the US dollar this morning, despite rising demand for the safe-haven currency.
Tue Dec 31 2024
![Ringgit extends uptrend against greenback in early trade Ringgit extends uptrend against greenback in early trade](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-10/61728350799_ringgitduit.jpg)
Ringgit extends uptrend against greenback in early trade
At 8 am, the local currency climbed to 4.4600/4700 against the greenback.
Fri Nov 22 2024
![Malaysia's removal from US Treasury monitoring list indicates balanced, transparent policies - Economist Malaysia's removal from US Treasury monitoring list indicates balanced, transparent policies - Economist](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-08/51724203623_malaysiaringgitus.jpg)
Malaysia's removal from US Treasury monitoring list indicates balanced, transparent policies - Economist
The list comprises major US trading partners whose currency practices and macroeconomic policies merit close attention.
Fri Nov 15 2024
![Ringgit extends positive momentum to open higher against US dollar Ringgit extends positive momentum to open higher against US dollar](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-09/71727599437_duitringgit.jpg)
Ringgit extends positive momentum to open higher against US dollar
The ringgit traded higher against the US Dollar in today's early session, driven by continued buying interest towards the local currency.
Mon Oct 21 2024
![Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-01/41673833580_Bajet.jpg)
Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally
The local currency's performance was primarily driven by the US Federal Reserves' 50 basis points policy rate cut.
Wed Oct 09 2024
![Malaysia's official reserve assets at US$116.77bil as at end-August 2024 - BNM Malaysia's official reserve assets at US$116.77bil as at end-August 2024 - BNM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-09/51727089271_tbBANKNEGARA.jpg)
Malaysia's official reserve assets at US$116.77bil as at end-August 2024 - BNM
According to Bank Negara Malaysia, projected foreign currency inflows amount to US$2.58 billion in the next 12 months.
Mon Sep 30 2024
![[COLUMNIST] BRICS' currency dilemma: A necessary quality leap beyond the dollar [COLUMNIST] BRICS' currency dilemma: A necessary quality leap beyond the dollar](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-08/41724933837_EMIR.jpg)
[COLUMNIST] BRICS' currency dilemma: A necessary quality leap beyond the dollar
It is important to note that earlier MCC-based systems were often undermined by those in control of existing international banking system.
Mon Sep 16 2024
![Malaysia emerges as a bright spot in ASEAN Malaysia emerges as a bright spot in ASEAN](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-06/51718694604_NgaKorMing.jpg)
Malaysia emerges as a bright spot in ASEAN
Nga Kor Ming said economic growth, political stability and a stronger currency have attracted investors to Malaysia.
Fri Aug 23 2024
![Malaysia's official reserve assets at US$113.82 bln as at end-June 2024 - BNM Malaysia's official reserve assets at US$113.82 bln as at end-June 2024 - BNM](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-07/41720504910_tbBANKNEGARA.jpg)
Malaysia's official reserve assets at US$113.82 bln as at end-June 2024 - BNM
BNM said for the next 12 months, the pre-determined short-term outflows of foreign currency loans, securities, and deposits.
Wed Jul 31 2024
![Ringgit sustains positive momentum versus US dollar ahead of US rate decision Ringgit sustains positive momentum versus US dollar ahead of US rate decision](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-08/51691828873_money.jpg)
Ringgit sustains positive momentum versus US dollar ahead of US rate decision
A boost in global market sentiment and strong domestic economic prospects have bolstered the local currency.
Wed Jul 31 2024
![North Korea laundered $147.5 million in stolen crypto in March, say UN experts North Korea laundered $147.5 million in stolen crypto in March, say UN experts](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-05/61684135761_NorthKoreanflag.jpg)
North Korea laundered $147.5 million in stolen crypto in March, say UN experts
North Korea laundered the money via virtual currency platform Tornado Cash after stealing it last year from a cryptocurrency exchange.
Wed May 15 2024
![China promises Latin America 'trustworthy' ties as Trump lays out demands China promises Latin America 'trustworthy' ties as Trump lays out demands](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2023-08/41691592123_WangYi.jpg)
China promises Latin America 'trustworthy' ties as Trump lays out demands
Beijing looks to improve its foothold in a region historically under the US sphere of influence.
Thu Feb 20 2025
![Major risks loom as Trump upends US Russia policy Major risks loom as Trump upends US Russia policy](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-02/81739935395_tbVladimirPutinDon.jpg)
Major risks loom as Trump upends US Russia policy
Washington's approach changes dramatically with the initial meeting between US and Russian negotiators.
Thu Feb 20 2025
![Pope Francis has double pneumonia, complicating his treatment, Vatican says Pope Francis has double pneumonia, complicating his treatment, Vatican says](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-02/71739950345_PopeFrancis.jpg)
Pope Francis has double pneumonia, complicating his treatment, Vatican says
Doctors say a polymicrobial infection occurs when two or more micro-organisms are involved and can be caused by bacteria, viruses, or fungi.
Thu Feb 20 2025
![Philippines' VP Duterte challenges impeachment before Supreme Court Philippines' VP Duterte challenges impeachment before Supreme Court](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-02/81738903885_TBSaraDuterte.jpg)
Philippines' VP Duterte challenges impeachment before Supreme Court
Sara Duterte makes her first legal move to fight the case that could lead to her removal and lead to a lifetime ban from public office.
Wed Feb 19 2025
![Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2024-12/41733723992_LewisHamilton.jpg)
Motor racing - Hamilton steps out in red at unprecedented 10 team F1 launch
I feel so full of life, so much energy, because everything's new and I'm just focused on what is up ahead, Hamilton says.
Wed Feb 19 2025
![UAE tells US' Rubio it rejects displacement of Palestinians UAE tells US' Rubio it rejects displacement of Palestinians](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-02/51739962942_SheikhMohamedbinZ.jpg)
UAE tells US' Rubio it rejects displacement of Palestinians
The UAE's stance matters as its one of four Arab nations that normalised ties with Israel during Trumps first term.
Wed Feb 19 2025
![Taylor Swift wins recording artist of the year crown for fifth time Taylor Swift wins recording artist of the year crown for fifth time](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-02/51739940935_TBTaylorSwift.jpg)
Taylor Swift wins recording artist of the year crown for fifth time
The megastar's "The Tortured Poets Department" record also topped four IFPI charts, the IFPI says.
Wed Feb 19 2025
![More than $50 billion needed to rebuild Gaza, World Bank joint assessment says More than $50 billion needed to rebuild Gaza, World Bank joint assessment says](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-01/71737096454_palestinegazaisr.jpg)
More than $50 billion needed to rebuild Gaza, World Bank joint assessment says
Years of rebuilding work, including clearing unexploded ordinance and millions of tonnes of rubble lie ahead.
Wed Feb 19 2025
![Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-02/81739939398_TBLiewChinTong.jpg)
Malaysia’s AI data centre development to be impacted by recent US restrictions - Liew
Liew Chin Tong says the restrictions would not affect the development of the domestic data centre ecosystem as a whole.
Wed Feb 19 2025
![Sweden's top court rejects Greta Thunberg lawsuit on climate action Sweden's top court rejects Greta Thunberg lawsuit on climate action](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/https://img.astroawani.com/2025-02/81739955532_GretaThunberg.jpg)
Sweden's top court rejects Greta Thunberg lawsuit on climate action
A court cannot decide that the parliament or the government must take any specific action, the Supreme Court says.
Wed Feb 19 2025