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Short-Term Rates To Remain Stable As BNM Takes Measures To Absorb Liquidity – BusinessToday


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Short-term rates are set to remain stable next week on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity in the financial system. During the week just ended, the central bank intervened daily to reduce excess funds from the financial system by conducting conventional money market tender, reverse repo tenders,…

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