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PUTRAJAYA, Feb 19 — Finance Minister II Datuk Seri Amir Hamzah Azizan expects the ringgit to strengthen against the US dollar this year as the US Federal Open Market Committee...
KUALA LUMPUR: The ringgit ended lower against the US dollar on Monday on lack of buying demand, amid cautious trading ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes this week, said an economist.
THE weaker ringgit did not stop Malaysians from spending their holiday overseas, especially in regional countries Indonesia, Thailand and Vietnam.
Shankaran Nambiar is Senior Research Fellow and Head of Research and Senior Research Fellow at the Malaysian Institute of Economic Research, is also a distinguished member of the academic advisory council at the Economic Research Institute for ASEAN and East Asia (ERIA). As Visiting Fellow at the Crawford School of Public Policy, Australian National University, Nambiar brings a wealth of expertise to his research role. Nambiar's international engagements include being a visiting scholar at the International Monetary Fund and fellowships at the ASEAN Studies Center, Universitas Gadjah Mada...
KUALA LUMPUR, Feb 16 — The ringgit opened higher due to a correction in the US Dollar Index (DXY) and the fact that the local currency had been in an oversold position, said...