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foreign exchange

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BNM's initiatives help cushion pressure on the ringgit

BNM's initiatives help cushion pressure on the ringgit

The coordinated initiatives resulted in greater and more consistent flows into the foreign exchange market.
Fri May 17 2024
Positive sentiment boosts Ringgit on first trading day of 2023

Positive sentiment boosts Ringgit on first trading day of 2023

Stephen Innes said the local note rallied this morning as buying flows on China's reopening continued to help Asia foreign exchange.
Tue Jan 03 2023
IATA's Geneva gathering to chart airline industry's future

IATA's Geneva gathering to chart airline industry's future

While the lifting of travel restrictions has brought relief to the aviation industry, airlines continue to see threats from inflation, the risk of recession, and foreign exchange volatility.
Mon Dec 05 2022
BNM says ringgit will continue to be 'market determined' amid rising US dollar

BNM says ringgit will continue to be 'market determined' amid rising US dollar

BNM said its market operations will ensure sufficient liquidity and the orderly functioning of financial markets.
Fri Sep 23 2022
Tengku Zafrul: 1MDB debt at RM32.08 bln as at June 2022

Tengku Zafrul: 1MDB debt at RM32.08 bln as at June 2022

The remaining debt commitment of 1MDB is RM32.08 billion as at June 30, 2022, with an estimated foreign exchange rate of US$1 to RM4.50, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said.
Thu Jul 21 2022
Sri Lanka left with fuel stocks for around five days, minister says

Sri Lanka left with fuel stocks for around five days, minister says

The country of 22 million people is caught in its worst financial crisis in seven decades after its foreign exchange reserves dwindled.
Fri Jun 17 2022
Sri Lanka will need $5 billion in next six months for essentials - prime minister

Sri Lanka will need $5 billion in next six months for essentials - prime minister

Sri Lanka is suffering its worst economic crisis in seven decades, with a shortage of foreign exchange stalling essential imports.
Tue Jun 07 2022
Sri Lanka lifts curfew after violent protests over economic crisis

Sri Lanka lifts curfew after violent protests over economic crisis

Sri Lanka is in the midst of its worst economic crisis in years with rolling blackouts for up to 13 hours a day because the government does not have enough foreign exchange to pay for fuel imports.
Fri Apr 01 2022
BNM, all banks remain open, operating as usual on Friday

BNM, all banks remain open, operating as usual on Friday

BNM said in this regard, financial market transactions in the foreign exchange, money and OTC bond markets will continue as usual.
Thu Dec 02 2021
Police record statements from a 'Datuk Seri', lawyer over falsified foreign exchange documents

Police record statements from a 'Datuk Seri', lawyer over falsified foreign exchange documents

Police took statements from a woman 'Datuk Seri' and a lawyer believed to conduct foreign currency exchange transactions using the name of Tunku Mahkota Johor.
Sun Oct 10 2021
Johor cops probe fake documents on foreign currency exchange

Johor cops probe fake documents on foreign currency exchange

Johor police are investigating a scam using a fake letter of undertaking to conduct foreign exchange of US dollars to Malaysian using the name of Tunku Mahkota of Johor (TMJ).
Fri Oct 08 2021
Malaysia's FX reserves position may improve on vaccination drive in  2H2021

Malaysia's FX reserves position may improve on vaccination drive in 2H2021

FX reserves in ringgit terms, in the meantime, increased by almost RM11.0 billion to end at RM451.0 billion, a multi-year high.
Thu Apr 15 2021
Malaysia's official reserve assets at US$105.3 bln as of end-Nov 2020 - BNM

Malaysia's official reserve assets at US$105.3 bln as of end-Nov 2020 - BNM

Other foreign currency assets stood at US$1.51 billion for the same period.
Thu Dec 31 2020
RCI into BNM forex losses to present  report to King today

RCI into BNM forex losses to present report to King today

The RCI secretary in a notice said commission chairman Tan Sri Mohd Sidek Hassan would meet the King at Istana Negara between 5pm and 6pm.
Fri Oct 13 2017
Nor Mohamed did not give detailed info on BNM forex transactions - Anwar

Nor Mohamed did not give detailed info on BNM forex transactions - Anwar

Datuk Seri Anwar Ibrahim today told the Royal Commission of Inquiry into Bank Negara Malaysia's (BNM) foreign exchange (forex) losses that the central bank's former adviser Tan Sri Nor Mohamed Yakcop.
Thu Sep 07 2017
COP29 climate summit draft proposes rich countries pay $250 billion per year

COP29 climate summit draft proposes rich countries pay $250 billion per year

The draft finance deal criticised by both developed and developing nations.
Fri Nov 22 2024
Bomb squad sent to London's Gatwick Airport after terminal evacuation

Bomb squad sent to London's Gatwick Airport after terminal evacuation

This was following the discovery of a suspected prohibited item in luggage.
Fri Nov 22 2024
Kelantan urges caution amidst northeast monsoon rains

Kelantan urges caution amidst northeast monsoon rains

Kelantan has reminded the public in the state to refrain from outdoor activities with the arrival of the Northeast Monsoon season.
Fri Nov 22 2024
Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand PM Jacinda Ardern receives UN leadership award

Former New Zealand prime minister Jacinda Ardern was given a global leadership award by the United Nations Foundation.
Fri Nov 22 2024
ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

ICC'S arrest warrants for Netanyahu, Gallant an apt decision - PM

The decision of the ICC to issue arrest warrants against Benjamin Netanyahu and Yoav Gallant is apt, said Datuk Seri Anwar Ibrahim.
Fri Nov 22 2024
KTMB provides two additional ETS trains for Christmas, school holidays

KTMB provides two additional ETS trains for Christmas, school holidays

KTMB will provide two additional ETS trains for the KL Sentral-Padang Besar route and return trips in conjunction with the holidays.
Fri Nov 22 2024
BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

BNM'S international reserves rise to USD118 bil as at Nov 15, 2024

Malaysia's international reserves rose to US$118.0 billion as at Nov 15, 2024, up from US$117.6 billion on Oct 30, 2024.
Fri Nov 22 2024
Findings by dark energy researchers back Einstein's conception of gravity

Findings by dark energy researchers back Einstein's conception of gravity

The findings announced are part of a years-long study of the history of the cosmos focusing upon dark energy.
Fri Nov 22 2024
NRES responds to Rimbawatch press release on COP29

NRES responds to Rimbawatch press release on COP29

The Ministry of Natural Resources and Environmental Sustainability (NRES) wishes to offer the following clarifications to the issues raised.
Fri Nov 22 2024
Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

Online Safety Bill and Anti-Cyberbullying Laws must carefully balance rights and protections

The Online Safety Advocacy Group (OSAG) stands united with people in Malaysia in the fight against serious online harms.
Fri Nov 22 2024