KUALA LUMPUR: The three-month Kuala Lumpur Interbank Offered Rate (KLIBOR) futures contract on Bursa Malaysia Derivatives opened untraded today (Feb 13).
At 9.30am, February 2020, March 2020, April 2020 and June 2020 were pegged at 96.90.Volume and open interest remained nil.Yesterday, Bank Negara Malaysia announced the economy grew by 3.6% in Q4 2019, dragging the full-year GDP growth to 4.3% – the lowest since the 2009 financial crisis amid supply disruptions in the commodity sector.Governor Datuk Nor Shamsiah Mohd Yunus said the full-year growth would have been higher at 4.7% without the supply disruptions in the commodity sector.
She also said the central bank has “ample room” to cut the benchmark overnight policy rate given the current economic challenges. – Feb13, 2020, Bernama.
