Category: Malaysia
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Malaysia: Macro Brief October 2025
Malaysia’s financial system is quietly shifting gears again. The focus this month wasn’t on rates or reserves. It was on structure, supervision and stability. Bank Negara Malaysia (BNM) is tightening how credit is extended, how risks are priced and how financial data moves. Add in a handful of regulatory tweaks and consumer-facing changes and it’s…
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Malaysia Macro Brief: September 2025
Last month we said Malaysia’s pivot was now unmistakeable. Now, with the July cut behind us, Bank Negara Malaysia (BNM) has shifted into a “hold and assess” mode. Inflation is soft, growth is middling and liquidity is looser than it looks on the surface. The Ringgit has narrowed into a tighter band, while enforcement around…
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Malaysia Macro Brief: August 2025
Malaysia’s pivot is now unmistakeable. After a year of standing still, Bank Negara Malaysia (BNM) has cut the OPR - and the ripple effects are spreading. Liquidity is looser, growth is softening and inflation remains muted. The Ringgit is still under pressure, black-market FX has crept back in and banks continue to cap overseas card…
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Malaysia Macro Brief: July 2025
Malaysia has finally moved. After a year of policy pause, Bank Negara Malaysia (BNM) has cut rates - quietly, deliberately, and without the usual fanfare. Liquidity had already been loosening behind the scenes and now the shift is official. At the same time, the Ringgit remains under pressure, black market FX is back in play…
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Malaysia Macro Brief: June 2025
Malaysia’s macro landscape is shifting. The central bank is still holding the line on interest rates – but not without movement elsewhere. Liquidity has been loosened, downside risks are mounting and a dovish turn is starting to take shape. The Ringgit remains fragile, informal FX trading is quietly persisting and banks are still tightening cross-border…
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Malaysia Macro Brief: May 2025
Malaysia’s macro policy stance remains steady - but not still. Bank Negara Malaysia (BNM) is holding rates firm, the Ringgit is under pressure and signs of financial tightening are quietly building. Black market rates have started creeping back in, retail card usage overseas is facing new restrictions and the central bank is clearly watching capital…
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Malaysia: Macro Brief April 2025
Malaysia’s economic policy landscape has stayed broadly stable over the past month - but not without pressure points. Bank Negara Malaysia (BNM) is holding its line on rates, the Ringgit remains fragile, and there are signs of tightening behind the scenes. At the same time, labour market resilience and the digital banking rollout continue to…
