Financial market remains open, liquid: Bank Negara

Kuala Lumpur

SOME RM258.2 billion (S$83 billion) was transacted in the Malaysian bond and foreign exchange markets last week compared to about RM158.4 billion in the preceding week, the central bank said on Friday as it sought to assure market players that the country's financial market remains open and liquid despite stricter regulations governing ringgit non-deliverable forward (NDF) trades offshore.

During the week of Nov 14-18 a total of RM39.7 billion and US$49.1 billion was transacted in the Malaysian bond and FX markets, respectively, compared to RM17.8 billion and US$31.6 billion in the preceding week.