Page 41 - Forex News Today

KUALA LUMPUR: The ringgit extended a negative trend on Friday against the US dollar with sentiment continuing to be hamstrung by the expectation that the higher-for-longer rate narratives are likely to prevail.

KUALA LUMPUR: The ringgit slipped further against the US dollar on the expectation that higher-for-longer interest rate narratives are likely to persist.

SINGAPORE: Oil prices edged higher on Friday after minutes from a Federal Reserve meeting suggested inflation was under control, and US Secretary of State Antony Blinken prepared to visit the Middle East to try and prevent the Israel-Gaza conflict from widening, according to Reuters. Brent crude futures were up 31 cents, or 0.4 percent, to $77.90 a barrel, while US West Texas...

The decline in international reserves due to servicing of external debts and inability to purchase forex from the market, meant BoU couldn’t intervene on the sale side when sharp depreciation...

KUALA LUMPUR: The ringgit remained weak against the US dollar today after some letdown as hopes for a March rate cut faded after the US Federal Open Market Committee (FOMC) meeting minutes provided little clue about when it will happen.

STOCKHOLM — The Swedish armed forces have delivered food and water to up to 1,000 cars and lorries stuck in heavy snow for over 24 hours.Rescuers said they were working to free people stuck on the main...

Economists and social scientists outline four scenarios that will be influenced by the actions the country takes today.

KUALA LUMPUR: The Malaysian ringgit and Indonesia’s rupiah are expected to be outperformers in the region in 2024 "on a relative basis,” benefitting most from monetary policy divergence, said Standard Chartered (StanChart).

KUWAIT — An Amiri Order issued on Thursday in Kuwait has appointed Shaikh Dr. Mohammad Sabah Al Sabah as the country's Prime Minister.Following this appointment, he has been tasked with forming a...

The Finance Ministry explained the Indonesian government debt, which was recorded at Rp8,041 trillion as of November 2023.