Short-term interbank rates close steady on BNM operations

Short-term interbank rates closed stable today on Bank Negara Malaysia’s (BNM) operations to absorb surplus liquidity from the financial system.

Liquidity in the conventional system rose to RM38.20 billion from RM35.49 billion this morning, while Islamic funds’ liquidity eased to RM18.50 billion from RM22.50 billion previously.

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