Bank Negara also buys bonds in the market if necessary - Zafrul

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

PARLIAMENT | The finance minister says purchases have added RM54b worth of liquidity to the banking system.

PARLIAMENT | In its efforts to promote a robust domestic bond market, Bank Negara Malaysia also purchases bonds in the market if necessary and under certain conditions, says Finance Minister Tengku Zafrul Abdul Aziz.

“In general, this move has provided an additional RM54 billion worth of liquidity to the banking system,” he told the Dewan Negara today.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in US

United States United States Latest News, United States United States Headlines