Short-term interbank rates end stable on Bank Negara’s operations

KUALA LUMPUR, Jan 30 — Shorter-phrase interbank premiums shut constant nowadays on Financial institution Negara Malaysia’s (BNM) functions to absorb surplus liquidity from the monetary technique.

Liquidity in the common system declined to RM42.92 billion from RM43.89 billion this morning while Islamic funds’ liquidity fell to RM29.23 billion from RM34.26 billion previously.

Earlier now, the central financial institution termed for 3 standard cash sector tenders, 3 Qard tenders, two reverse repo tenders, a Commodity Murabahah programme for 31 days, and Lender Negara Interbank Costs.

At 4 pm, it known as for a RM42.50 billion common income current market tender and a RM29.20 billion Murabahah money industry tender, both of those for 3-day cash.

The Malaysia Islamic Right away Level (MYOR-i) stood at 2.74 for every cent as of Jan 27, 2023. — Bernama