Central Bank Of Malaysia

Malaysia s central bank kept its key interest rate steady at a record low on thursday holding fire after four consecutive rate cuts this year as the coronavirus hit economy showed tentative.

Central bank of malaysia. In the long term the malaysia interest rate is projected. 1300 88 5465 bnmtelelink 603 2698 8044 general line bnmtelelink bnm gov my. The central bank of malaysia bnm. As malaysia s central bank bank negara malaysia promotes monetary stability and financial stability conducive to the sustainable growth of the malaysian economy.

Central bank of malaysia published this content on 09 september 2020 and is solely responsible for the information contained therein. Malaysia cut its benchmark interest rate tuesday with analysts predicting more easing to come as global central banks boost stimulus to counter the coronavirus s impact on economic growth. Bnm headquarters in kuala lumpur. Bank negara malaysia the central bank of this south asian country was set up on 26th january 1959.

Jalan dato onn 50480 kuala lumpur malaysia. Distributed by public unedited and unaltered on 10 september 2020 04 19 06 utc. Issuer comment quotes payment ratings. Central bank of malaysia bills 0 4dec2020 usd 91d issue information.

Central bank of malaysia. Interest rate in malaysia is expected to be 1 50 percent by the end of this quarter according to trading economics global macro models and analysts expectations. Bank negara malaysia is the malaysian central bank established on 26 january 1959 as central bank of malaya bank negara tanah melayu its main purpose is to issue currency act as banker and adviser to the government of malaysia and regulate the country s financial institutions credit system and monetary policy. It was established as per the central bank of malaysia act 1958 cba 1958 which has been replaced by the central bank of malaysia act 2009 that became operational from 25th november 2009.

Looking forward we estimate interest rate in malaysia to stand at 1 50 in 12 months time.