The dynamic hedging programme was first introduced in December 2016 as part of the Bank’s initiative to provide market access for institutional investors to actively manage their FX exposures of their invested assets.
To enable the Bank to meet the objectives of a central bank, it is vested with comprehensive legal powers under the following legislation to regulate and supervise the financial system.
Note: The production of the statistics has been discontinued. Click here. to view the new daily weighted average of Islamic interbank deposit rates for various tenures. (Jan 2015-present).