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KUALA LUMPUR: The ringgit pared earlier losses to end higher against the US dollar today despite the better performance of the greenback.
KUALA LUMPUR: Bank Negara's international reserves rose US$1.9bil to US$107.6bil over the two weeks to Dec 31, 2020.
MANILA: Philippine interest rates will likely remain on hold at least through the first half of 2021 as the economy recovers, according to central bank governor Benjamin Diokno. (pic)
NEW YORK: The total market value of cryptocurrencies surpassed US$1 trillion for the first time yesterday amid a frenzied and volatile rally in bitcoin to yet another record.
PETALING JAYA: The local property sector should start to see a mild rebound in the second half of 2021, on the back of fewer Covid-19 cases, the availability of the vaccine and steady pick-up in economic activity.
World Bank says this reflects the quicker-than-expected resumption of production and exports
MANILA: Philippine central bank governor Benjamin Diokno (pic) said there’s still “some play” left for the monetary authority to reduce banks’ reserve requirement ratio.
BANGKOK: Thailand's economic outlook would be substantially affected by a surge in coronavirus cases, minutes of the central bank's last policy meeting showed on Wednesday, as the Bank of Thailand (BOT) saw a need to preserve limited policy room.