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Malaysia is planning to impose a cash transaction limit (CTL) of RM25,000 starting next year to further strengthen the country’s financial integrity and curb illicit activities
The Royal Commission of Inquiry (RCI) on the Foreign Exchange (Forex) Trading by the Central Bank of Malaysia (BNM) has found that Tan Sri Nor Mohamed Yakcop is guilty.
Bank Negara Malaysia (BNM) is currently formulating a five-year national strategy, with three main thrusts, namely clarity, collaboration and commitment, aimed at elevating financial literacy.
The international reserves of Bank Negara Malaysia amounted to USD100.8 billion (equivalent to RM432.8 billion) as at 15 September 2017
Bank Negara Malaysia (BNM) is planning to work with the leadership of local financial institutions and other stakeholders in government to address a more focused delivery of mandates under the Malaysian Development Financial Institutions.