Short-term rates end stable

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Short-term interbank rates closed stable yesterday on Bank Negara’s operations to absorb surplus liquidity from the financial system.

Liquidity in the conventional system fell to RM36.63bil from RM44.11bil yesterday morning, while for Islamic funds, it eased to RM21.30bil from RM23.10bil previously.

Earlier, the central bank called for three conventional money market tenders and two qard tenders. It also revised the murabahah overnight tender from RM20bil to RM20.3bil. — Bernama

 

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