Asian FX struggle for direction as traders eye US debt ceiling talks


ASIAN currencies held steady on Monday, with the U.S. dollar slipping, hit by the double whammy of stalled debt ceiling talks and the Fed chief's unexpected dovish comments over future interest rate hikes.

The Philippines peso and Thai baht each depreciated 0.2%, while the Malaysian ringgit and Singapore dollar remained unchanged.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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