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RHB Research forecasts BNM to keep 2019 OPR at 3.25 pct

KUALA LUMPUR, Feb 15 (Bernama) -- RHB Research has forecast that Bank Negara Malaysia (BNM) would likely keep its overnight policy rate (OPR) stable at 3.25 per cent throughout 2019.

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Bank Islam expects 7-8 pct loan growth next year
Exim Bank contributes to charity home
CIMB receives outstanding capabilities awards
 

 

 

 
Gold futures to trend higher next week

KUALA LUMPUR, Feb 16 (Bernama) -- The gold futures contract on Bursa Malaysia Derivatives is expected to trade higher next week following the release of weak US economic data, thus reducing chances for the Federal Reserve to hike rates this year.



KLIBOR futures to remain unchanged next week

KUALA LUMPUR, Feb 16 (Bernama) -- Trading in the three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives is expected to remain quiet next week due to weak buying interest.



Ringgit to trade higher next week

KUALA LUMPUR, Feb 16 (Bernama) -- The ringgit is expected to trade higher against the US dollar next week, supported by stable domestic growth drivers, gradual policy reforms and sustained current account surplus.



 
Ministry Of Finance(MOF)
Bank Negara Malaysia(BNM)
Employees Provident Fund(EPF)
Banking Info
Financial Mediation Bureau (FMB)
 

Instill investor confidence to sustain growth, says Wahid Omar
60 pct of SMEs not aware of Islamic finance facilities -- BNM

 
RAM reaffirms RHB Islamic's AA2/Stable/P1 ratings

Zurich Malaysia relocates insurance, takaful branches to Bukit Damansara
LIAM appoints Mark O' Dell as first CEO

 
PIDM provides financial consumer protection

CLOSING, FRIDAY, FEB 15
US4.0870/0900
S'pore 3.0082/0116
100 Yen3.7013/7050
Sterling5.2354/2409
Euro4.6110/6152
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Banker’s Cheque, Bank Draft and Cashier’s Order. Do you think this additional charge is justified?
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