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THE safe-haven US dollar posted a modest gain of 0.14% to 90.82, taking a breather from a sell-off that took it to a more than 2½-year low last week. The focus of the week was on the negotiation among US lawmakers to append a new coronavirus stimulus aid to a funding bill to avert a government shutdown on Dec 11.
PETALING JAYA: Time dotCom Bhd (TDC) is no longer the laughing stock of Bursa Malaysia it was two decades ago.
BEIJING (Xinhua): China's foreign exchange reserves grew to US$3.1785 trillion at the end of November as the country's forex market continued to run steadily, official data showed Monday (Dec 7).
AmBank Research said that the downgrade from A- ratings highlights the need to further strengthen Malaysia’s reforms, transparency and inclusiveness.Financial markets not likely to be affected by rating
KUALA LUMPUR: Police arrested 39 individuals for their alleged involvement in forex investment fraud cases in a raid in Puchong.
THE dollar took a heavy beating during the week in review, down 1.17% to 90.71 – hitting its lowest level since April 2018.
KUALA LUMPUR: A mastermind of a Macau scam and online gambling ring that connects syndicates in Malaysia and China is among 130 people detained in a raid.
AMID a short working week in the United States in conjunction with Thanksgiving holiday, the dollar weakened by 0.43% to 91.99 – hitting the lowest level since January 2018 on the back of easing political noises after President Trump accepted that President-elect Joe Biden’s transition into the White House must begin as well as ongoing vaccine optimism.