FMIP Key Stats

 

Selected Market Indicators

Foreign Exchange Market
USD/MYR midrate at noon
4.4870  
Govt Bond Market
MGS 10-yr yield close
3.88%  
Equities Market
FBMKLCI prev close
1,607.45  
Money Market
Malaysia Overnight Rate (MYOR)
3.00%  
Derivatives Market
Malaysia 5-year CDS
57.19  

Key Economic & Financial Indicators

Real GDP Growth
(2nd Quarter 2024)
5.9%  
Inflation
(Sep 2024)
1.8%  
Central Bank International Reserves
(30 Oct 2024)
USD117.6b  
Overnight Policy Rate
(as of 06 Nov 2024)
3.00%  
Statutory Reserve Requirement
(as at 20 Jan 2021)
2.00%  

Financial Market Development Indicators

Average Daily FX Volume USD12.7b
Average Daily Bond Trading Volume RM3.8b
Average Daily Repo Volume RM1.6b
Dynamic Hedging Eligible Assets USD57.1b
Dynamic Hedging Participants 139 Investors

(Figures as at 31 March 2022)

FMIP Highlights Carousel

Investor Engagement & Market Development Highlights

FMIP The markets

The Markets

FMIP Market Developments

Market Development

Bank Negara Malaysia continually undertakes initiatives to broaden and deepen the Malaysian financial markets. With its multi-dimensional strategies and initiatives, Bank Negara Malaysia aims to reset the direction of the onshore market, strengthen the pillars of the onshore financial markets as well as enhance the market resiliency.

FMIP Regulatory Info

Oversight & Regulatory Information

The Financial Markets Committee (FMC) has oversight on the development of the Malaysian financial markets. Malaysia also has specific policies and regulations pertaining to FX transactions that investors need to familiarize.

FMIP FAQs

Frequently Asked Questions

Dynamic Hedging

Yes.

Yes, subject to approval. Investors may apply and justify to BNM.

Yes, with onshore banks or AOO (third-party FX).

Documentation

Any document which proves holding of assets, payments, acquisitions & disposals, proof of accounts, etc.

No. Onshore banks / AOOs may exercise their own KYC process with reference to the Minimum Due Diligence guide.

Yes. As guided by onshore banks¡¯ / AOOs' KYC processes.

Third Party FX

There is no regulatory requirement of prefunding for any MYR financial instrument settlements.

Yes. The overdraft facility shall be solely for the purpose of mitigating settlement failure for ringgit securities and instruments due to inadvertent delay (system failure or payment glitch due to unplanned events) of payment by the non-resident with maximum tenure of 2 business days.

Such facility can be a pre-approved line offered by the onshore bank to the non-resident client based on its due diligence processes.

Yes, provided that it is in line with the licensed onshore bank's due diligence process.