Short-term rates set to remain stable on BNM operations
KUALA LUMPUR (May 11): 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 RM42.10 billion in the conventional system and RM22.43 billion in Islamic funds. Today, the central bank will conduct two RM1 billion conventional money market tenders, [...]
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