Rupiah at fresh 4-year low on outflows; ringgit weaker before c/a data


    “But I don’t think it will be at the kind of stress levels that you saw in Indonesia because the domestic market is actually very deep in Malaysia. So they can actually absorb any selloff in the market.” 

The Thai currency pared some earlier losses as agent banks of the central bank were spotted selling dollars around the baht’s session low, traders said. - Reuters

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
ringgit , rupiah , US dollar , bhat , GDP data , current account

Next In Business News

Digital dreams, volatile reality
PETRONAS eases off the gas
MNRB aims for Asia’s top five
IPPs plug back in
On golden pawn
Krishnan Tan confirms full cooperation with MACC probe into IJM
Ringgit to trade in tight range between RM3.95 and RM3.96 next week
McDonald’s Malaysia to invest RM1bil over five years, open 100 restaurants
Nestle Malaysia and UPM launch Halal@STEM programme for students
The festive cash tsunami

Others Also Read