Bank Negara to ensure sufficient ringgit liquidity

TheStar Sat, Apr 18, 2020 09:00am - 3 years View Original


The central bank said its recent measures, particularly the reverse repo operations, statutory reserve requirement (SRR) adjustments, principal dealer facilities and the purchase of government bonds, have ensured sufficient ringgit and bond market liquidity.

KUALA LUMPUR: Bank Negara has reaffirmed its commitment to ensure sufficient ringgit liquidity in the onshore market.

In a statement yesterday, the central bank said its recent measures, particularly the reverse repo operations, statutory reserve requirement (SRR) adjustments, principal dealer facilities and the purchase of government bonds, have ensured sufficient ringgit and bond market liquidity.

“The recent pick-up in interbank repo market activities have allowed banks to better manage liquidity.

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