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Malaysian financial market resilient in aftermath of Brexit

KUALA LUMPUR: The Malaysian financial market remains resilient and continues to operate in an orderly manner, said Bank Negara Malaysia.

The Financial Markets Committee, set up by the central bank and industry players, said the markets continue to facilitate smooth intermediation activities among the market participants.

Key domestic markets including the government bonds, corporate bonds and money markets were stable and the domestic markets continue to have ample liquidity.

As for the forex market,although volatility was higher than usual, there was ample liquidity .

Financial market participants are able to transact and execute their business without any disruptions.

"BNM will continue to monitor these developments and work with the FMC members, including taking proactive measures, to address any further volatility that could re-emerge from the transition process to ensure orderly functioning of our financial markets," it said.

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