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