MNI BRIEF: BOC Should Have Been Clearer On Exiting Zero Rates

MNI BRIEF: Still Room For BOC Action Even With Weaker CAD

MACKLEM: TARIFF SCENARIO SHOWS WHAT SOME WOULD CALL RECESSION

MNI INTERVIEW2: New NBH Chief Must Clarify Reaction Function

MNI BRIEF: U.S. Senate Confirms Bessent as Treasury Secretary

MNI NBH WATCH: Base Rate To Hold At 6.5% Despite Price Uptick

EZ/UK Bond Supply Calendar: Italy, UK Auction on Thursday

US EIA: CRUDE OIL STOCKS EX SPR +3.46M TO 415.1M JAN 24 WK

MNI: US MBA: MARKET COMPOSITE -2.0% SA THRU JAN 24 WK

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MALAYSIA: Country Wrap: BNM Leaves Rates on Hold as Expected. 

MALAYSIA
EM BulletBulletAPACEmerging Market News
  • In signs that the Central Bank could be on hold for 2025, Bank Negara (‘BNM”) held rates at 3.00% where it has been since May 2023.  Malaysia’s fourth quarter GDP release came in December and at 4.8% was at the lower end of the expectations for the BNM. (source: MNI – Market News)
  • OPR: Continues to be supportive of the economy – BNM Governor (source: BBG)
  • Malaysia’s FTSE Malay KLCI bucked regional positivity be down today by -0.50% following four successive days of gains.
  • MYR: the currency market largely brushed to one side the BNM on hold, with the currency weaker by -0.16%, making it the worst performer of its regional peers.
  • Bonds: a sell-off today with yields higher across the curve.  MSG 10YR the worst performer at 3.853% (+3.5bp)
128 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • In signs that the Central Bank could be on hold for 2025, Bank Negara (‘BNM”) held rates at 3.00% where it has been since May 2023.  Malaysia’s fourth quarter GDP release came in December and at 4.8% was at the lower end of the expectations for the BNM. (source: MNI – Market News)
  • OPR: Continues to be supportive of the economy – BNM Governor (source: BBG)
  • Malaysia’s FTSE Malay KLCI bucked regional positivity be down today by -0.50% following four successive days of gains.
  • MYR: the currency market largely brushed to one side the BNM on hold, with the currency weaker by -0.16%, making it the worst performer of its regional peers.
  • Bonds: a sell-off today with yields higher across the curve.  MSG 10YR the worst performer at 3.853% (+3.5bp)