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Ringgit to Move in Range of 4.0602 – 4.0719 Against USD Today - AmBank Research
AmBank Research expects the ringgit (MYR) to trade on a slightly muted note, between its support levels of 4.0569 and 4.0602 while the resistance is pinned...
Turkey Bans Use of Foreign Currency in Property Market
A decree announcing that contracts for sales, rent, and leasing must in future be made in lira has been issued by President Recep Tayyip Erdogan. All cu...
Economists: Malaysia More Insulated From Emerging Market Financial Contagion
The sharp plunge in the Argentine Peso (ARS) following the footsteps of the Turkish Lira (TRY) has raised concerns again about the risk of a contagion effe...
Bank Negara's International Reserves at RM104.5bil as of July 31
Bank Negara Malaysia's international reserves amounted to US$104.5 billion as at July 31 this year. This was a marginal 0.096 percent lower than the US$...
Government Looking to Replace Ringgit Notes With New Ones
The government is looking to replace the current currency notes with new ones to combat corruption. Prime Minister Tun Dr Mahathir Mohamad said in an in...
Malaysia's Reserves Remain Usable as at End-March 2018, Says BNM
Malaysia's reserves remained usable as at end-March 2018 with official reserve assets at US$107.82 billion, in accordance with the International Monetary F...
Malaysia's Economy Off to a Good Start
Malaysia's economy is off to a good start this year, with the stock market and currency breaching key levels in the first week of 2018. Bursa Malaysia's...
Chinese Investments in Malaysia Likely to Diversify Into More Sectors in 2018
The flow of investment from China into Malaysia is likely to diversify into more sectors compared to the current emphasis on infrastructure and property de...
What to Expect in 2018?
With the new year approaching, now is a good time as any to identify what industry experts predict will happen in 2018. For Malaysia, 2018 is shaping up to...
Making Digital Currencies Transparent in Malaysia
Invocation of reporting obligations on digital currency exchange business as Reporting Institutions under the Anti-Money Laundering, Anti-Terrorism Financi...
Ringgit Extends Gains Against US$ Early Wednesday
The ringgit extended Tuesday's gains to open higher against the US dollar on Wednesday as more investors shifted their interest towards emerging currencies...
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