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Analysts are generally bearish on the yen while an economist expects its movement to remain erratic.
In this second weekly article on the global meltdown, the writer explains the relationships between equities markets and forex, and trade deficit problems.
The sharp fall in the equity market this week has caused anxiety to many investors.The events that triggered the downturn globally are explained in this article so thatinvestors can have a more informed view of the situation.
Bank Negara, which assumes the Islamic Financial Services Board (IFSB) chairmanship this year, will be hosting an inaugural Global Islamic Finance Forum (GIFF) in Kuala Lumpur from March 26 to 29.
Bank Negara kept its benchmark interest rate unchanged for a sixth straight meeting to sustain 'steady' growth amid concerns that a global economic slowdown may hurt the nation's exports.
Today, international bodies assert that if a country's trade deficit exceeds 4.5% of its GDP, it's a sign of real and present economic danger. And yet the US economy continues to defy both history and economics.