KUALA LUMPUR, MALAYSIA—Malaysia’s central bank has finally joined its rate-cutting peers, lowering its benchmark interest ...

Malaysia's central bank said on Tuesday it will intervene in the foreign exchange market to stabilise the ringgit currency, citing what it called "excessive" recent losses.

Malaysia named Nor Shamsiah Mohd Yunus, a former central-bank official involved in an investigation into state-investment fund 1Malaysia Development Bhd., as governor of the regulator.

Bank Negara Malaysia maintained its overnight policy rate (OPR) at 3.00%, where it has been since May 2023, as had been expected by 24 of 30 economists in a Reuters poll. Read Next.

Bank Negara Malaysia (BNM) recorded over five million cross-border QR payment transactions last year, its governor Abdul Rasheed Ghaffour said today.

Bank Negara Malaysia maintained its overnight policy rate at 3.00%, where it has been since May 2023, in line with market expectations the central bank will stand pat on rates until at least the ...

Bank Negara Malaysia said in an email it would “ensure a smooth transition in the handing over of duties to the new governor”. Mr Muhammad could not immediately be contacted.

At its final policy meeting of 2024, Bank Negara Malaysia (BNM) maintained its overnight policy rate at 3.00 per cent, where it has been since May 2023.

FILE PHOTO: A man walks past the entrance of Central Bank of Malaysia (Bank Negara Malaysia) in Kuala Lumpur, Malaysia, July 31, 2019. Picture taken July 31, 2019.