malay01
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Malaysia: Ringgit extends gains against US dollar on positive market sentiment

KUALA LUMPUR, Aug 26 — The ringgit has extended its winning streak for the fourth consecutive day today, spurred by better risk appetite for risky assets and emerging currencies, underpinned by the positive market sentiment, dealers said. At 9am, the local note stood at 4.1950/2000 versus the greenback, compared with Wednesday’s close of 4.2010/2055. A dealer said the easing worries over the imminent tapering of […]

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malay01
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Malaysia leads S-E Asia GDP downgrades amid Delta variant’s grip; S’pore only country to buck trend

HONG KONG (BLOOMBERG) – Malaysia leads growth downgrades by economists across South-east Asia as the Delta variant forces countries to reimpose pandemic restrictions. Malaysia’s growth outlook for this year was downgraded the most, a swing of 1.4 percentage points to a 4.3 per cent expansion, according to the latest economist survey results compiled by Bloomberg. […]

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BI explores inter-country QR cooperation with Malaysia

After ASEAN, one of the countries interested in the cooperation is Saudi Arabia Jakarta (ANTARA) – Bank Indonesia (BI) is exploring the cooperation of inter-country quick response (QR) with the central bank of Malaysia, Bank Negara after intensifying similar cooperation with Thailand recently. “We are sitting together closely with Malaysia,” BI’s Payment System Policy Department […]

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