The daily weighted average overnight interbank rate moved within a narrow range of 1.99 to 2.00 per cent during the Dec 1, 2009, to Jan 27, 2010, period.
Interbank rates of other maturities were also relatively stable, said Bank Negara Malaysia in its Monetary and Financial Developments for December 2009 report released Thursday.
The central bank said the average fixed deposit rates of commercial banks were unchanged between December and January.
As at Jan 15, the average quoted fixed deposit rates for tenures between one and 12 months were within the range of 2.00 and 2.50 per cent, Bank Negara said.
In terms of the commercial banks' lending rates, the average base lending rate (BLR) was unchanged at 5.51 per cent as at Jan 15 while the average lending rate (ALR) trended lower to 4.83 per cent as at end-December compared with 4.91 per cent in November and 4.85 per cent in October, it said.
Bank Negara said the ringgit depreciated by 1.0 per cent against the US dollar from Dec 1 to Jan 27 but it appreciated against the euro by 6.0 per cent, the Japanese yen by 1.9 per cent and the pound sterling by 1.8 per cent.
The euro depreciated against most currencies due to concerns over sovereign-credit issues in Greece, the central bank said.
Against regional currencies, the ringgit appreciated against the Singapore dollar by 0.5 per cent but it depreciated against other regional currencies by between 1.0 and 1.8 per cent.
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