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Malaysia: Ringgit opens higher on strong performance of commodities

KUALA LUMPUR, Oct 21 — The ringgit opened higher on Thursday, buoyed by the positive sentiment following the strong commodities performance. Brent crude oil is currently trading at US$86 per barrel, while crude palm oil closed at an all-time high on Wednesday with the benchmark palm oil contract for January 2022 rising by RM127 to RM5,071 a tonne. At 9.04am, the local note stood at  […]

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Cambodia: Central Bank’s role in monetary policy

Central banks play a crucial role in ensuring economic and financial stability. They conduct monetary policy to achieve low and stable inflation. In the wake of the global financial crisis, central banks have expanded their toolkits to deal with risks to financial stability and to manage volatile exchange rates. In response to the COVID-19 pandemic, […]

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