KUALA LUMPUR, March 29 ― Malaysia’s financial market conditions in the second half of 2022 remained orderly amid heightened volatility in the global financial markets, Bank Negara Malaysia said.
“These global developments also affected the Malaysian financial markets, resulting in higher volatility observed in the foreign exchange, bond and money markets,” it said. “Notably, liquidity conditions in the banking system have been largely unaffected by the withdrawal of regulatory flexibilities provided during the pandemic and recent banking stress in the United States and Europe,” it said.
In the FX market, movements in the ringgit continued to be influenced by external factors amid an evolving global growth and inflation outlook, said BNM.
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