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Monetary and Financial Developments September 2007

Bank Negara Highlights

  • Net financing of the private sector increased at a faster pace in September, reflecting an increase in loans outstanding to the business sector.
  • The average lending rate of commercial banks was marginally lower in September.
  • The ringgit appreciated against the US dollar.
  • Headline inflation moderated to 1.8%.
  • The net NPL ratio of banking institutions improved further to 3.5%.

>> See the report details at Bank Negara website

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