September 2022

Net foreign inflows in August amid easing of inflation fears

Posted Date: September 28, 2022 After two consecutive months of outflows, the local bond market recorded net foreign inflows as investors returned to emerging markets amid easing inflationary fears. In August, the local bond market logged net foreign inflows of RM5.6 billion (July: -RM3.5 billion). All segments registered net foreign inflows. Malaysian Government Securities (MGS) …

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20220908 Chart 1

MARC Ratings upgrades 2022 GDP growth forecast to 6.5% despite consecutive OPR hikes

Posted Date: September 08, 2022 Today, Bank Negara Malaysia (BNM) announced its Monetary Policy Committee’s (MPC) decision to increase the overnight policy rate (OPR) by 25 basis points to 2.50%. The hike, the third in as many MPC meetings, further rolls back part of the monetary support implemented during the worst of the COVID-19 crisis. …

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