KUALA LUMPUR, Oct 17 (NNN-BERNAMA) – Despite heightened global volatility, driven by U.S. tariff developments, concerns over global growth and geopolitical tensions, Malaysia’s central bank, Bank Negara Malaysia, said yesterday that, Malaysia’s financial market conditions remained orderly.
The Financial Market Stress Index peaked in May, but has since moderated, reflecting stabilisation across all asset classes, the bank said in a statement.
Malaysia’s favourable economic prospects, ongoing structural reforms and continued engagements with corporates are expected to provide support for the ringgit.– NNN-BERNAMA
