US Federal Reserve’s ‘higher for longer’ stance hits Asian currencies
June 28, 2024 PETALING JAYA – A basket of Asian currencies is feeling the heat this week, after latest comments...
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EMERGING MARKETS-Most Asian currencies hold firm against dollar, ringgit declines
* U.S. dollar slips marginally to 106.50 * Malaysia's ringgit snaps three-day winning streak * Thai c.bank to hike interest...
Opinion | A strong US dollar could bring Asia more pain, especially if Trump wins
Is this all US$60 billion worth of central bank interventions in global foreign exchange markets buys you these days? It...
Asian policy-makers move to support currencies
Over the past week, policy-makers across Asia have issued verbal warnings or intervened in foreign exchange markets to prop up...
Why the Dollar Is Causing Chaos in Emerging Markets: QuickTake
Emerging-market currencies have tumbled this year as the dollar has gone from strength to strength. Taiwan’s currency dropped to the...
EMERGING MARKETS-Asian currencies subdued, stocks mixed; focus on cenbank decisions
* Most Asian currencies decline * Singapore's March core inflation rises 5% * Markets in Malaysia and Indonesia closed for...
News roundup: Tropicana’s record revenue for FY2023 and other headlines
Image from PropertyGuru For PropertyGuru’s news roundup, property developer Tropicana Corporation Berhad achieved record revenue of RM1.51 billion in FY2023....
India and Indonesia ink pact to use local currencies in bilateral transactions
On Thursday, the Reserve Bank of India (RBI) and the Bank Indonesia (BI) signed a Memorandum of Understanding (MoU) in...
Calls to offset Malaysian ringgit’s fall
February 22, 2024 PETALING JAYA – Manufacturers and small and medium enterprises (SMEs) are concerned with the fall of the...
Malaysian Ringgit Falls To Lowest Level In 26 Years
Malaysia's ringgit hit its lowest level since the Asian financial crisis on Tuesday, as emerging Asian currencies suffered against the...
