BNM: Press Statements index.php?ch=en_press Latest Press Statements of Bank Negara Malaysia Bank Negara Malaysia index.php?ch=en_misc&pg=en_misc_term&ac=126 Renewal of Bilateral Currency Swap Arrangement between Bank Negara Malaysia and the People’s Bank of China http://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=4731 Bank Negara Malaysia and the People’s Bank of China has recently entered into an agreement to renew the bilateral currency swap arrangement with a size of RMB180 billion/RM110 billion for a further tenure of three years. news Renewal of Bilateral Currency Swap Arrangement between Bank Negara Malaysia and the People’s Bank of China 2018-08-20 16:00:00+08:00 2018-08-20 16:00:00+08:00 Economic and Financial Developments in the Malaysian Economy in the Second Quarter of 2018 http://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=4728 This document is in Portable Document File (PDF) format. In order to read this document, you will need Adobe™ Acrobat™ Reader™, which is downloadable for free from the Adobe™ Web Site. news Economic and Financial Developments in the Malaysian Economy in the Second Quarter of 2018 2018-08-17 12:00:00+08:00 2018-08-17 12:00:00+08:00 Enhancement of Foreign Exchange Administration Policies http://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=4726 Bank Negara Malaysia wishes to announce changes in the foreign exchange administration policies aimed at facilitating operational efficiencies and risk management by businesses and financial institutions.  The changes which will take immediate effect are: Greater flexibility in the management of export proceeds Exporters are allowed to automatically sweep export proceeds into their Trade Foreign Currency Accounts maintained with onshore banks to meet up to 6 months’ foreign currency obligations without the need to first convert proceeds into ringgit.  The flexibility is available upon exporters establishing their 6 months’ foreign currency obligations with their respective onshore banks.   Flexible hedging of foreign currency obligations Greater flexibility is provided upon application to the Bank for residents to hedge: foreign currency obligations beyond 6 months; and foreign currency exposures arising from invoices issued in foreign currency under international pricing practices for domestic trade in goods and services.   Wider access for non-residents to the onshore market financial market Non-resident corporations are allowed to trade in ringgit-denominated interest rate derivatives via the Appointed Overseas Offices, subject to back-to-back arrangements with onshore banks.  This aims to further deepen the onshore market for interest rate derivatives to support risk management by businesses.  Further details of the measures are provided in the Supplementary Notice No. news Enhancement of Foreign Exchange Administration Policies 2018-08-17 12:00:00+08:00 2018-08-17 12:00:00+08:00 International Reserves of Bank Negara Malaysia as at 31 July 2018 http://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=4724 The international reserves of Bank Negara Malaysia amounted to USD104.5 billion as at 31 July 2018. news International Reserves of Bank Negara Malaysia as at 31 July 2018 2018-08-07 15:00:00+08:00 2018-08-07 15:00:00+08:00 23rd Executives' Meeting of East Asia-Pacific Central Banks (EMEAP) Governors' Meeting http://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=4722 The 23rd EMEAP Governors’ Meeting was attended by eleven EMEAP central banks and monetary authorities[1] on 4 August 2018 in Manila, Philippines. news 23rd Executives' Meeting of East Asia-Pacific Central Banks (EMEAP) Governors' Meeting 2018-08-06 15:45:00+08:00 2018-08-06 15:45:00+08:00 The Royal Award for Islamic Finance 2018 to be conferred on 3 October 2018 http://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=4720 Bank Negara Malaysia and the Securities Commission Malaysia are pleased to announce that the Royal Award for Islamic Finance 2018 will be conferred at a special ceremony to be held on 3 October 2018 in Kuala Lumpur. The Royal Award recognises and honours an Islamic finance visionary whose achievements and innovation contribute significantly to the growth of Islamic finance, global economy and social progress of communities around the world. news The Royal Award for Islamic Finance 2018 to be conferred on 3 October 2018 2018-08-06 15:45:00+08:00 2018-08-06 15:45:00+08:00 Bringing the World of Economic Policymaking to Undergraduates http://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=4718 The Tun Ismail Ali Chair (TIAC), which was founded by Bank Negara Malaysia to enhance academic excellence in the area of monetary and financial economics of the local academic community, recently organised the inaugural Tun Ismail Ali Challenge on the 18th and 19th of July at Bank Negara Malaysia. news Bringing the World of Economic Policymaking to Undergraduates 2018-08-02 16:47:00+08:00 2018-08-02 16:47:00+08:00 Monetary and Financial Developments in June 2018 http://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=4717 This document is in Portable Document File (PDF) format. In order to read this document, you will need Adobe™ Acrobat™ Reader™, which is downloadable for free from the Adobe™ Web Site. news Monetary and Financial Developments in June 2018 2018-07-31 15:00:00+08:00 2018-07-31 15:00:00+08:00 Detailed Disclosure of International Reserves as at end-June 2018 http://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=4714 In accordance with the IMF SDDS format, the detailed breakdown of international reserves provides forward-looking information on the size, composition and usability of reserves and other foreign currency assets, and the expected and potential future inflows and outflows of foreign exchange of the Federal Government and Bank Negara Malaysia over the next 12-month period.   The detailed breakdown of international reserves based on the SDDS format is shown in Tables I, II, III and IV. news Detailed Disclosure of International Reserves as at end-June 2018 2018-07-31 12:00:00+08:00 2018-07-31 12:00:00+08:00 International Reserves of Bank Negara Malaysia as at 13 July 2018 http://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=4712 The international reserves of Bank Negara Malaysia amounted to USD104.6 billion as at 13 July 2018. news International Reserves of Bank Negara Malaysia as at 13 July 2018 2018-07-20 15:00:00+08:00 2018-07-20 15:00:00+08:00