Short-term rates expected to remain stable on BNM operations
KUALA LUMPUR (Dec 8): Short-term rates are expected to remain stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system. Liquidity is estimated at RM26.02 billion in the conventional system and RM28.78 billion in Islamic funds. It will also call for two RM1 billion reverse repo tenders for 31 [...]
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