Brief-term charges finish secure on Financial institution Negara’s operations

KUALA LUMPUR: Brief-term interbank charges closed regular at this time on Financial institution Negara Malaysia’s (BNM) operations to soak up surplus liquidity within the monetary system.

Liquidity within the standard system fell to RM35.1 billion from RM40.03 billion this morning whereas for Islamic funds, it eased to RM15.8 billion from RM19.13 billion beforehand.

Earlier, the central financial institution known as for 3 standard cash market tenders and two Qard tenders.

At 4 pm, BNM known as for a RM35.1 billion standard cash market tender and a RM15.8 billion Murabahah cash market tender, each for one-day cash.

The common Islamic in a single day price stood at 1.72 per cent, whereas the one, two and three-week charges stood at 1.78 per cent, 1.82 per cent and 1.85 per cent respectively. – Bernama


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