February 04, 2025 05:56 GMT
MALAYSIA: Country Wrap: Malaysia Growth Sustainable says PM.
MALAYSIA
- Malaysian Prime Minister Anwar Ibrahim says the country can sustain its growth rate and inflation will stay manageable even with the threat of a potential trade war due to US tariffs. (source: BBG)
- Malaysia’s banking system maintained strong liquidity buffers in December 2024, with an aggregate Liquidity Coverage Ratio (LCR) of 160.7%, up from 147.9% in November, supporting ongoing financial intermediation, Bank Negara Malaysia (BNM) said. (source: The Sun Malaysia).
- Following yesterday's down day, Malaysia’s FTSE KLCI has had a better day rising +0.45%.
- MYR: the ringgit has enjoyed a better day also, gaining +0.33 to be 4.4620
- Bonds: Malaysian bonds were unchanged today on low volumes. MGS 10YR 3.821%
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