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Ringgit off to a weak start on first trading day of 2024, sentiment remains strong

KUALA LUMPUR: The ringgit opened lower in early trade on Tuesday, the first trading day of the new year 2024, but sentiment for the local note remains strong. ....

United Kingdom , Kuala Lumpur , Ambank Group , Bank Group , Us Dollar ,

Ringgit ends lower against US dollar on first trading day of 2024

KUALA LUMPUR: The ringgit fell on the first trading day of 2024 on caution ahead of a slew of economic data due this week, including European inflation and US jobs data. ....

United Kingdom , Kuala Lumpur , United States , Mohd Afzanizam Abdul Rashid , Bank Muamalat Malaysia Bhd , Muamalat Malaysia Bhd , Us Dollar ,

China talks markets 
out of a run on the yuan

SINGAPORE: In recent months, China has sought to stabilise the yuan by orchestrating buying by state banks and giving market guidance to bankers. ....

Pan Gongsheng , Eswar Prasad , People Bank , Cornell University , Administration Of Foreign Exchange , State Administration , Foreign Exchange , Self Regulatory Framework ,