SHORT-TERM remained steady at close yesterday as Bank Negara Malaysia continued to intervene to offset liquidity surplus in the financial system, dealers said.The liquidity surplus was reduced to RM16.148 billion in the conventional system and RM4.3 billion in Islamic funds.
The central bank this morning estimated a surplus of RM20.3 billion surplus in the conventional system and RM8.8 billion in the Islamic system.To reduce the surplus, Bank Negara issued a conventional tender for RM16.1 billion of one-day money and an Al-Wadiah tender for RM4.3 billion of one-day money.
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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