Kenanga: The Fed’s massive interest rate rise may continue to put pressure on the ringgit
KUALA LUMPUR, 9 November 2022 - The ringgit strengthened against the US dollar for the first time in nine weeks, owing to a drop in the USD index...
KUALA LUMPUR, 9 November 2022 - The ringgit strengthened against the US dollar for the first time in nine weeks, owing to a drop in the USD index...
KUALA LUMPUR, 9 November 2022 – According to an analyst, the ringgit began higher vs the US dollar today, boosted by bullish mood on the potential of China...
KUALA LUMPUR, 11 October 2022 – According to a trader, the ringgit began lower versus the US dollar this morning on higher-than-expected non-farm payrolls (NFP) statistics for September,...
The Reserve Bank of Australia (RBA) announced that its equity had been emptied out by the losses that were incurred by the pandemic-era bond buying. Despite that, the...
The US Federal Reserve (Fed) has once again raised its interest rates by another 0.75 percentage points making it the third consecutive time this year. The Fed Chair,...
Asia's growth forecast for 2022 has been lowered to 4.3% by Asian Development Bank (ADB), compared to its earlier projection of 5.2% that was announced in April. In...
The ASEAN foreign direct investments (FDI) inflow had seen a surge of 42%, reaching US$174 billion in 2021. According to Datuk Lim Jock Hoi, the organization's secretary-general, the...
Thailand regulators are tightening the rules for the cryptocurrency market following irregular activities as well as the crash of a major crypto exchange acquisition. Being the first country...
A 20% rice export duty was imposed by India on the second week of September as a measure to increase supplies and reduce local costs after a below-average...
A eurozone recession is almost for certain with data from recent surveys indicating a further decline to the cost of living crisis as well as a bleak outlook...
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