Ref. No.

: 08/09/09

EMBARGO: Not for publication or broadcast before 1800 hours on Wednesday, 26 August 2009

Monetary and Financial Developments in July 2009 Highlights of the Press Release

Headline inflation declined to -2.4% in July 2009 (June: -1.4%), driven mainly by lower energy and food prices.

Gross financing increased on a month-on-month basis due mainly to higher loan disbursements by the banking system.

The banking system remained healthy, with the risk-weighted capital ratio and core capital ratio remaining stable at 14.2% and 12.6%.

Ref. No.: 08/09/09

EMBARGO: Not for publication or broadcast before 1800 hours on Wednesday, 26 August 2009

MONETARY AND FINANCIAL DEVELOPMENTS July 2009 _______________________________________________________

Gross financing through the banking system and the capital market was higher at RM64.2 billion (June: RM60.7 billion) mainly on account of increased loan disbursements during the month. On a net basis, banking system loans and PDS outstanding expanded at a higher combined annual rate of 8.3% as at end-July (June: 8.0%). Overall, key loan indicators, namely loan applications, approvals, disbursements and repayments, increased especially for the purchase of residential and non-residential properties, passenger cars and credit cards. Interbank rates for all maturities were relatively stable, while average fixed deposit rates were relatively unchanged. The average base lending rate (BLR) was unchanged at 5.53% as at 15 August, while the average lending rate (ALR) decreased to 4.96% as at end-July (5.02% in May, 5.04% in June). Between 1 July and 25 August 2009, the ringgit appreciated against the U.S. dollar by 0.3%. The ringgit also appreciated against the pound sterling by 1.7%, but depreciated against Japanese yen (-1.8%) and euro (-0.7%). Against regional currencies, the ringgit depreciated between 0.2% and 2.2%. In particular, the Indonesian rupiah and Korean won had appreciated against the ringgit and other

3 regional currencies as these currencies rebounded from sharp depreciation in 2008 and early 2009. Headline inflation continued to decline to -2.4% in July 2009 (June: -1.4%), driven mainly by lower energy and food prices. Prices in the transport category continued to decline (July: -19.9%, June: -18.0%, July 2008: +22.7%), reflecting the cumulative effect of the series of downward adjustments to administered fuel prices in the second half of 2008. In addition, lower inflation was observed in the housing, water, gas, electricity and other fuels category (July: 1.3%, June: 2.0%), following the lapse of the impact of the upward adjustment to electricity tariffs in July 2008. Inflation in the food and non-alcoholic beverages category also continued to moderate (July: 2.0%, June: 3.4%). Broad money (M3) sustained an annual growth rate of 5.2% in July 2009 due to the higher credit by banks to the private sector. The banking system remained healthy, with the risk-weighted capital ratio and core capital ratio remaining stable at 14.4% and 12.6%.

4 Interest rates were stable in July During the period 1 July 25 August, the daily weighted average overnight interbank rate moved within a narrow range of 1.99% - 2.00%. Interbank rates of other maturities were also relatively stable. The average fixed deposit rates of commercial banks were unchanged between July and August. As at 15 August, the average quoted fixed deposit rates for tenures between 1 and 12 months were within the range of 2.02% and 2.52%. In terms of the commercial banks lending rates, the average base lending rate (BLR) was unchanged at 5.53% on 15 August, while the average lending rate (ALR) decreased to 4.96% as at end-July (5.02% in May and 5.04% in June).

% 4.0

Daily Weighted Average Overnight Interbank Rate

Ceiling rate of the corridor for the OPR

3.7 3.4 3.1 2.8 2.5 2.2 1.9 1.75% 1.6 Aug 08 May 08 May 09 Aug 09 Apr 08 Nov 08 Dec 08 Feb 09 Jan 09 Mar 09 Apr 09 Oct 08 Jul 08 Jun 08 Sep 08 Jun 09 Jul 09 25 August: 2.00% 2.25% Floor rate of the corridor for the OPR

The average overnight interbank rate moved within a narrow range

Interbank Rates
% 3.8 (Average for the period)

Other interbank rates were also relatively stable

3.4

3.0

Average for 1 - 25 Aug 09

2.6

2.2

2.07 2.02 2.00

1.8 Apr 09 Aug 09 Nov 08 Jan 09 Feb 09 Oct 08 Jul 08 Jun 09 Sep 08 Dec 08 Mar 09 Jul 09

Overnight

1-week

1-month

Outstanding Liquidity Placed with BNM

(At end-period, RM m)
450,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 0 May-09 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Mar-09 Feb-09 Jun-09 Jul-08 Apr-09 Jul-09

BNM continued to absorb excess liquidity

Direct Borrowing and Wadiah Acceptance

BNM Debt Securities

Repo

Others

Lending Rates: Commercial Banks

%
6.8 (at end-period)

6.4

Commercial banks BLR was unchanged, whereas the ALR decreased to 4.96%

6.0

5.6

5.53

5.2 4.96 Aug 09 15 Aug09 4.8 Aug 08 Apr 09 May 09 Nov 08 Dec 08 Sep 08 Jan 09 Oct 08 Jul 08 Feb 09 Mar 09 Jun 09 Jul 09

BLR - CB

ALR - CB

Liquidity Situation
%
85 81.5 80 74.9 75

The loan-deposit and financingdeposit ratios increased in July, as the growth in loans outpaced the increase in deposits.

70

65 Aug 08 Nov 08 Apr 09 May 09 Dec 08 Jun 09 Jan 09 Jul 08 Feb 09 Sep 08 Oct 08 Mar 09 Jul 09

Loan-Deposit Ratio of Banking System Financing-Deposit Ratio (Incl. Investment in PDS)

6
%
2.6 2.5 2.4 2.3 2.2 2.1 2.0 1.9 Jun 09 Jul 09 15 Aug 09

Term Structure of Fixed Deposit Rates Commercial Banks

Average fixed deposit rates were unchanged between June and 15 August

1-month 2.02 2.02 2.02

3-month 2.05 2.05 2.05

6-month 2.06 2.06 2.06

9-month 2.07 2.07 2.07

12-month 2.52 2.52 2.52

%
10.0 8.0 6.0 4.0 2.0 0.0 -2.0 -4.0 -6.0 -8.0 Aug 08

3-Month Real Commercial Banks Fixed Deposit Rates

Real fixed deposit rates continued to increase

Dec 08

Feb 09

Apr 09

Jul 08

Nov 08

Sep 08

May 09

Oct 08

Jan 09

Real 3-M FD Rate

Nominal 3-M FD Rate

Mar 09

Jun 09

Inflation

Jul 09

7 Ringgit appreciated against the U.S. dollar Between 1 July and 25 August 2009, the ringgit appreciated against the U.S. dollar by 0.3%. The ringgit also appreciated against the pound sterling by 1.7%, but depreciated against Japanese yen (-1.8%) and euro (-0.7%). Against regional currencies, the ringgit depreciated between 0.2% and 2.2%. In particular, the Indonesian rupiah and Korean won had appreciated against the ringgit and other regional currencies as these currencies rebounded from sharp depreciation in 2008 and early 2009.

Performance of Ringgit against Major Currencies

RM/USD, Euro, Yen 5.5 5.0 Euro 4.5 STG (RHS) 4.0 USD 3.5 3.0 2.5 A 08 A 09 N 08 O 08 D 08 M 09 M 09 A 09
10.5 10.0 9.5 4.0 3.5 1,000 Won 3.0 2.5 S$ 2.0 A 08 A 09 N 08 O 08 D 08 M 09 M 09 A 09 J 09 J 09 S 08 F 09 J 09 6.5 9.0 8.5 10,000 Rupiah 8.0 100 Peso (RHS) 7.5 7.0

(7-day moving average)

RM/STG 6.6 6.3 6.0 5.7 5.4

100 Yen

5.1 4.8

S 08

J 09

J 09

RM/Rupiah, S$, Won, Renminbi 5.5 10 Renminbi 5.0 4.5

Performance of Ringgit against Regional Currencies

(7-day moving average) RM/Baht, Peso 11.0

100 Baht (RHS)

F 09

J 09

Performance of Ringgit against Selected Currencies

End-period RM per foreign currency Dec 08 Jun 09 Jul 09 25 Aug 09 % Change End Dec 08 End Jun 09 -

25 Aug 09 25 Aug 09 US dollar Euro Pound sterling 100 Japanese yen Singapore dollar 100 Thai baht 100 Philippine peso 100 Indonesian rupiah 100 Korean won Chinese renminbi 3.4640 4.8759 4.9989 3.8327 2.4070 9.9398 7.2774 0.0316 0.2750 0.5076 3.5225 4.9699 5.8592 3.6729 2.4302 10.354 7.3111 0.0345 0.2754 0.5155 3.5200 4.9729 5.8150 3.6919 2.4432 10.342 7.3249 0.0355 0.2859 0.5152 3.5125 5.0232 5.7631 3.7367 2.4359 10.326 7.2303 0.0351 0.2816 0.5142 -1.4 -2.9 -13.3 2.6 -1.2 -3.7 0.7 -9.8 -2.3 -1.3 0.3 -1.1 1.7 -1.7 -0.2 0.3 1.1 -1.8 -2.2 0.3

Inflation declined in July

Headline inflation declined to -2.4% in July 2009 (June: -1.4%), driven mainly by lower energy and food prices. Prices in the transport category continued to decline (July: -19.9%, June: -18.0%, July 2008: +22.7%), reflecting the cumulative effect of the series of downward adjustments to administered fuel prices since in the second half of 2008. In addition, lower inflation was observed in the housing, water, gas, electricity and other fuels category (July: 1.3%, June: 2.0%), following the lapse of the impact of the upward adjustment to electricity tariffs in July 2008. Inflation in the food and non-alcoholic beverages category also continued to moderate (July: 2.0%, June: 3.4%).

Annual change (%) 14 12 10 8

Consumer Price Index

Inflation declined to -2.4% in July

Food and Non-Alcoholic Beverages

6 4 2 0 -2 -4 Nov 07 May 07 May 08 Nov 08 May 09 Jul 07 Jul 08 Sep 07 Sep 08 Mar 07 Mar 08 Mar 09 Jan 07 Jan 08 Jan 09 Jul 09

Overall
2.0

-2.4

Contribution to Consumer Price Inflation

Transport Clothing and Footwear Communication Recreation Services and Culture Health Education Restaurants and Hotels Furnishings, Household Equipment and Routine Maintenance Alcoholic Beverages and Tobacco Miscellaneous Goods and Services Housing, Water, Electricity, Gas and Other Fuels Food and Non-Alcoholic Beverages Total

Jul

Jun

driven mainly by price declines in the transport category

-5

-4

-3

-2

-1

Percentage Points

10 Producer prices continued to decline in June The Producer Price Index (PPI) continued to decline by 12.2% on an annual basis in June (May: -10.8%). Prices in the commodity-related components of the PPI were lower by an average of 29.9% (May: -28.2%), due to the broad-based decline in all commodity-related components. Prices also declined at a faster rate of 2.7% (May: -2.0%) in the non-commodity-related components of the PPI. On a month-on-month basis, however, producer prices rose by 1.2% in June (May: 0.6%). In terms of composition, prices in both the local and imported components of the PPI fell at a faster rate. Compared to their levels a year ago, prices in the local component of the PPI declined by 16.1% (May:-14.4%), while prices in the imported component declined by 3.4% (May: -3.0%).

Producer Price Index

Annual change (%) 20 15 10 5 0 -5 -10

Producer prices declined on an annual basis in June

-12.2
-15 Aug-07 Aug-08 Apr-07 Apr-08 Jun-07 Jun-08 Feb-07 Apr-09 Oct-07 Oct-08 Dec-07 Dec-08 Jun-09 Feb-08 Feb-09

11 M3 continued to grow in July In July, broad money (M3) sustained an annual growth rate of 5.2%. On a monthly basis, M3 increased by RM10.0 billion. On the domestic side, the main impetus for the increase in broad money was higher credit by banks to the private sector. Net claims on Government declined marginally by RM0.1 billion due to a temporary deposit placement with Bank Negara. On the external side, net foreign asset of the banking system increased, which exerted an expansionary impact on broad money.

M3 Determinants
(RM billion) Change during period Apr 09 M3 Net claims on Government Claims on the private sector Loans Securities Net foreign assets* Other influences -1.2 3.9 2.8 3.1 -0.3 5.8 -13.7 May 09 -5.0 -6.5 -2.9 -2.9 0.0 0.6 3.8 Jun 09 7.3 8.4 8.7 7.6 1.1 -12.0 2.2 Jul 09 10.0 -0.1 8.3 8.1 0.2 1.1 0.8

* Pre-revaluation of international reserves M3 has been revised to include other deposits from December 1999 onwards. Other deposits were previously excluded from the compilation of M3.

Monetary Aggregates
Annual Growth (%)

17 15 13 11 9 7 5 3

M1 and M3 continued to increase on an annual basis

M1: 6.0% M3: 5.2%

Aug 08

Dec 08

Apr 09

May 09

Nov 08

Jan 09

Feb 09

Sep 08

Mar 09

Jun 09

Jul 08

Oct 08

Jul 09

12 Banking system deposits increased in July Total deposits placed with the banking system in July increased by RM0.9 billion from the preceding month (June: RM18.2 billion) to register an annual growth rate of 6.2% (June: 7.2%). Businesses, individuals, non-bank financial institutions and other depositors also increased their deposits during the month. The increase, however, was partially offset by maturing negotiable instrument of deposits (NIDs) placed by banking institutions. By type, the increase was mainly observed in the form of short-term money market deposits, as reflected in other deposits.
Deposits by Holder
(RM million) Change during period Apr 09 Federal Government State Governments Statutory Authorities Financial Institutions
1

May 09 1,505 -1,083 -2,388 -3,186

618 -3,905

Jun 09 1,739 561 1,729 13,575

8,173 5,694

Jul 09 81 -567 28 -6,557

-8,435 1,725

300 847 2,155 -3,854

-677 -2,345

of which: Banking Institutions Non-Bank Financial Institutions

Business Enterprises Individuals Others Total

2

182 -1,597 862 -1,104

1,682 -1,674 -103 -5,247

-2,323 2,012 856 18,151

4,437 2,246 1,191 859

1/ Include local Governments 2/ Consist of domestic other entities and foreign non-bank entities

Deposits by Type
(RM million) Change during period Apr 09 Fixed deposits NIDs Demand deposits Savings deposits Repos FX deposits IBS deposits Others Total
2 1

May 09 2,259 -1,694 -819 -1,390 -44 716 3,704 -7,978 -5,247

Jun 09 -3 7,849 4,795 1,222 -26 -4,236 5,907 2,642 18,151

Jul 09 -3,124 -10,188 -988 752 17 455 2,095 11,840 859

-6,553 -2,347 1,904 1,832 -538 3,134 4,722 -3,258 -1,104

1/ IBS deposits refers to Islamic banking system deposits 2/ Other deposits comprised mainly of short-term money market deposits

13 Demand for financing continued to increase Gross financing through the banking system and the capital market was higher at RM64.2 billion (June: RM60.7 billion) driven mainly by the increase in loan disbursements during the month. On a net basis, banking system loans and PDS outstanding expanded at a higher combined annual rate of 8.3% as at end-July (June: 8%).

RM billion 80

Gross Private Sector Financing through the Banking System and Capital Market
69.0 62.3 64.2 60.7 53.7

70

60

Higher gross financing driven by loan disbursements

50

40

30

20 Mar 09 Apr 09 May 09 Jun 09 Jul 09

Loan disbursements
1

1 Gross PDS

Equity

Exclude foreign issuances

Loan Applications, Approvals, Disbursements and Repayments (RM billion)

Applications, Approval

Disbursements, Repayments

55 50 45 40 35 30

60.9

65

Major loan indicators increased in July

51.1 50.9
55

45

35

27.3
25 20 15 10 5 Mar 09 Disbursements Apr 09 May 09 Repayments Jun 09 Applications Jul 09 Approvals 5 25

15

14
Bank lending indicators RM billion Jun-09 Jul-09 J-J 09 Overall Loan applications Loan approvals Loan disbursements 1/ Chg in Loans Outstanding Businesses Loan applications Loan approvals Loan disbursements 1/ Chg in Loans Outstanding SMEs2/ Loan applications Loan approvals Loan disbursements 1/3/ Chg in Loans Outstanding Households Loan applications Loan approvals Loan disbursements 1/ Chg in Loans Outstanding
1/ 2/ 3/

Annual Growth (%) Jun-09 Jul-09 J-J 09 18.3 10.2 0.7 8.3 18.5 4.5 5.6 8.4 5.7 -8.4 -2.4 8.4

50.6 27.2 54.9 7.6

51.1 27.3 60.9 9.8

297.7 163.2 362.9 26.0

mainly attributable to the household sector

25.2 12.6 38.0 2.6

23.7 11.9 41.3 3.3

140.0 72.7 244.8 1.1

16.7 6.4 -4.0 3.7

14.3 2.6 -1.2 3.2

-0.3 -19.8 -7.2 3.2

10.1 3.9 12.5 0.9

10.2 4.2 12.8 1.0

56.5 24.3 82.1 -5.3

12.0 -29.2 -12.5 -2.9

6.2 -28.1 -12.7 -3.1

-8.1 -29.5 -13.7 -3.1

25.4 14.6 16.9 3.4

27.4 15.4 19.6 3.2

157.7 90.5 118.1 18.3

19.8 13.6 13.2 9.1

22.4 6.1 23.3 9.0

11.7 3.4 9.5 9.0

The annual growth in outstanding amount as at end-period. Include loans to individual businesses.

The decline in SME loans outstanding partly reflected the exclusion of a number of companies from the SME classification, as they have grown beyond the definition of SME. Without such exclusion, SMEs loans outstanding would have expanded by 0.2% year-on-year as at end-July 2009.

RM billion 70 60 50
16.7

Loan Disbursements by Sector

19.6 16.9 16.9 17.3 7.4 5.6 5.5 5.1 5.7 9.0 11.4 10.6 3.1 5.4 9.5 11.4

40 30 20 10
11.0

Loan disbursements remained broadbased

2.9
5.7 8.9

3.6
3.8 8.6 10.1

2.5
4.3 7.9 9.4

4.0

0 Mar 09 Manufacturing Construction & real estate Others Apr 09 May 09 Jun 09 Jul 09

Wholesale & retail trade, restaurants & hotels Finance, insurance and business services Households

15

Demand for financing continued to improve in July. The household sector registered higher loan applications and approvals, mainly for the purchase of residential and non residential properties, passenger cars and credit cards. Loan disbursements have also increased, leading to a further expansion of household loans outstanding by an annual rate of 9% in July (June: 9.1%).

The demand for financing by the business sector during the month was accounted mainly by the manufacturing and wholesale, retail trade, restaurants and hotels sectors. Notwithstanding a large loan disbursed to the electricity, gas and water supply sector during the month, loan disbursements remained broad based. Higher loan disbursements had increased the business loans outstanding by RM3.3 billion on a month-on-month basis. On an annual basis, business loans outstanding grew at a more moderate rate of 3.2% in July (end-June: 3.7%).

Active fund raising activity in the capital market Net funds raised in the capital market amounted to RM10.5 billion in July (June: RM12.3 billion). The public sector raised funds totalling RM9.5 billion through the issuance of a 5-year Government Investment Issues (GII) and the re-opening of a 10-year Malaysian Government Securities (MGS). Meanwhile, gross funds raised by the private sector through issuances of private debt securities (PDS) amounted to RM3.2 billion. The bulk of PDS issuances were raised by firms in the finance, insurance, real estate and business services as well as the transport, storage and communications sectors. Funds were utilised mainly for working capital. After adjusting for redemptions, net funds raised in the PDS market totalled RM1.5 billion.

16

RM million

Net Funds Raised in the Capital Market

Jun-2009
10,457

14,000
12,261

12,000 10,000 8,000 6,000 4,000

2,789 9,473 9,521

Jul-2009

2,551 936 238 60 875

2,000 Total Funds

1/ Including Cagamas Bonds

Total Public

Total Private

Private (Equity)

Private (PDS) 1/

KLCI strengthened further in July The FBM KLCI continued to trend upward in July to close at 1,174.9 (end-June: 1,074.3 points). It rose on positive sentiments due to the sustained increase in crude palm oil prices and investors optimism over the prospects for global economic recovery. Market capitalisation increased to RM885.8 billion (since end-June: +8.3%). However, the daily average turnover declined to 1,002 million units (June: 1,666 million units).

17
KLCI strengthened further in July

115 105 95 2 Jan 2008 =100 85 75 65 55 45 35 25

6-May

Performance of Selected Indices

Malaysia Thailand Hong Kong Singapore Dow Jones Korea

3-Nov

27-May

21-Nov

8-May

28-May

6-Mar

26-Mar

13-Aug

15-Apr

10-Mar

30-Mar

2008

2009

As at 25 August, the FBM KLCI ended lower at 1,171.1 (since end-July: -0.3 %). Overall market capitalisation rose to RM889 billion (since end-July: +0.4%) and trading activity was marginally lower with a daily average turnover of 982.7 million units.

International reserves The net international reserves of Bank Negara Malaysia amounted to RM321.5 billion (equivalent to USD91.2 billion) as at 31 July 2009. As at 14 August 2009, the international reserves amounted to RM322.2 billion (equivalent to USD91.4 billion). The reserves position is sufficient to finance 9 months of retained imports and is 3.8 times the short-term external debt.

14-Aug 25-Aug

17-Apr

4-Jul

24-Jul

7-Jul

22-Sep

12-Dec

23-Jan

15-Feb

16-Jun

14-Oct

23-Jan

18-Feb

17-Jun

27-Jul

2-Sep

2-Jan

5-Jan

18

Net International Reserves

(as at end month)
USD billion 120 100 80 60 40 20 0 14 Aug 09 May 08 May 09 Jun 08 Aug 08 Jun 09 Jul 08 Jan 09 Mar 08 Nov 08 Mar 09 Jan 08 Apr 08 Feb 08 Sep 08 Dec 08 Feb 09 Apr 09 Oct 08 Jul 09 3.8 times 2 0 9 months USD91.4 billion 10 8 6 4 Months / Times 12

Reserves (USD billion equivalent, LHS) Import cover (months, RHS) Reserves / Short-term External Debt (times, RHS) Note: With effect from end-March 2008, the short-term external debt refers to the external debt under the new definition, with offshore entities in Labuan IBFC being treated as residents

Strong capitalisation and stable non-performing loans in the banking system The level of capitalisation for the banking system remained sound, with the risk weighted capital ratio (RWCR) and core capital ratio (CCR) improving to 14.2% and 12.6% respectively. In July 2009, aggregate capital base had increased by 1.3% as a result of capital raising exercise by two banking institutions. Meanwhile, the net non-performing loans ratio improved to 2.1%, as nonperforming loans turned lower. Absolute NPLs also continue to be on a reducing trend mainly on account of lower new NPLs. The aggregate loan loss coverage ratio strengthened to 92%.

19
Banking System Health Indicators * 2002 Capital (%) ** Core capital ratio RWCR Net NPLs (3-month classification) % of net total loans Amount (RM million) General Provisions / Net total loans (3-month, %) 11.1 13.2 2003 11.1 13.8 2004 11.4 14.4 2005 10.7 13.7 2006 10.7 13.5 2007 10.2 13.2 2008 10.6 12.6 May 09 12.3 14.2 Jun 09 12.4 14.1 Jul 09 12.6 14.2

10.2 43,110

8.9 40,013

7.5 36,668

5.8 31,332

4.8 27,360

3.2 20,011

2.2 15,889

2.2 15,934

2.2 15,692

2.1 15,073

2.1

2.0

1.9

1.8

1.7

1.7

1.7

1.7

1.7

1.7

* Figures include Islamic banks. ** Beginning January 2008, RWCR and CCR are computed based on Basel II for banking institutions that have adopted the standardised approach

Banking System: Net NPLs and General Provisions

Net NPLs and General Provisions (RM b) 30 25 20 6 15 4 10 5 0 Apr 08 Jan 08 Jan 09 Apr 09 Oct 07 Oct 08 Jul 07 Jul 08 Jul 09 2 (%) Net NPL Ratio 10

Banking system capitalisation remained strong

General Provisions
* based on 3-month classification policy

Net NPLs

(NetNPL Ratio (RHS) Net NPL Ratio (RHS

Capital Strength Indicators

% 15 14 13 12 11 10 9 8 Apr 08 Apr 09 Jul 08 Jan 08 Jan 09 Jul 07 Oct 07 Oct 08 Jul 09

14.2%

while NPLs remained at a low level

12.6%

Core Capital Ratio

RWCR

Bank Negara Malaysia 26 August 2009

20

Key Monetary and Financial Statistics

May 09 Outs. (RM b) Monetary Aggregates Reserve money M1 M2 M3 Banking System Total deposits Total loans (including loans sold to Cagamas) Loan-deposit ratio (%) Financing-deposit ratio (%) Loans applied (during the period) Loans approved (during the period) Loans disbursed (during the period) Loans repaid (during the period) Banking System Health Risk-weighted Capital Ratio (RWCR) (%) Net NPLs: 3-month classification (%) Net Reserves in RM billion Net Reserves in USD billion (equivalent) Months of retained imports Interest Rates at end-period [average for the month] Overnight Policy Rate (OPR) Interbank: Overnight 1-week 1-month Fixed deposits of commercial banks: BLR of commercial banks ALR of commercial banks Prices Consumer Price Index (CPI) (2005=100) Producer Price Index (PPI) (2000=100) US dollar Euro Pound Sterling 100 Japanese yen Singapore dollar 100 Thai Baht 100 Philippine Peso 100 Indonesian Rupiah 100 Korean Won Capital Market Net funds raised (in RMb) by: public private Bursa Malaysia Composite Index (end-period) Bursa Malaysia Market Capitalisation (RMb, end-period)
1

Jun 09 Outs. (RM b) 54.7 185.6 922.7 950.5 997.7 742.8 78.3 85.4 12.8 -2.3 -10.5 14.9 50.6 27.2 54.9 49.2 14.1 2.2 18.3 10.2 0.7 7.3 51.1 27.3 61.8 50.9 Ann. growth (%) -19.9 5.5 6.3 5.7 7.2 8.3 Outs. (RM b) 52.1 185.8 932.7 960.5 998.5 752.5

Jul 09 Ann. growth (%) -21.8 6.0 5.8 5.2 6.2 8.4 78.6 85.5 18.5 4.5 7.0 3.8 14.2 2.1 321.5 91.2 8.9 2.00 1.99 [2.00] 2.01 [2.02] 2.11 [2.07] 2.02 2.05 5.53 4.96 -1.4 -12.2 111.9 n.a. -2.4 n.a.

Ann. growth (%) -18.8 9.3 5.3 4.9 5.6 8.9 78.3

54.7 186.2 913.0 943.1 979.5 735.2

85.6 45.7 25.6 47.1 49.9 14.2 2.2 322.4 88.3 8.8 2.00 1.99 [2.00] 2.03 [2.02] 2.06 [2.06] 2.02 2.04 5.53 5.02 111.7 129.7 2.4 -10.8 111.8 131.2

322.8 91.5 9.0 2.00 1.99 [2.00] 2.02 [2.02] 2.09 [2.07] 2.02 2.05 5.53 5.04

1-month 3-month

Exchange Rates of Ringgit against Selected Currencies (end-period) 3.5075 4.9047 5.5995 3.6415 2.4182 10.202 7.3850 0.0339 0.2783 13.7 2.9 1,044.1 797.8 3.5225 4.9699 5.8592 3.6729 2.4302 10.354 7.3111 0.0345 0.2754 9.5 2.8 1,075.2 817.9 3.5200 4.9729 5.8150 3.6919 2.4432 10.342 7.3249 0.0355 0.2859 9.5 0.9 1,174.9 885.8

Refers to the ratio of loans and holdings of PDS by the banking system to deposits of the banking system.