Posts Tagged ‘currency’

EM currencies at the frontline of contagion fears

Asean currencies to face some selling pressure, but risk of contagion spreading will likely be contained
By NG MIN SHEN / Pic By TMR The Indonesian ...

Lim: EPF did not lose RM6b

by DASHVEENJIT KAUR / pic by TMR file
The Ministry of Finance has rebutted claims that the Employees Provident Fund (EPF) has reported a loss of RM6 ...

US dollar theme leaves little space for ringgit’s upside, say analysts

The weakness raises the question of whether EM central banks will intervene in the market to protect their respective currencies
By ...

BI governor flags more rate hikes if needed

By BLOOMBERG
JAKARTA • Indonesia’s central bank governor Perry Warjiyo (picture) said his quick action in raising interest rates has helped ...

Jakarta to step up intervention as currency slides

JAKARTA • Indonesia’s central bank pledged to continue its intervention in the currency and bonds market to ease volatility, and said it will boost ...

HKMA intervenes to defend peg again as HK dollar weakens

By BLOOMBERG
BEIJING • Hong Kong stepped in to defend its currency peg for the first time in almost a month. The Hong Kong Monetary Authority ...

How money managers see global markets

Trade war, China devaluation, tech selloff top the worry list
by BLOOMBERG SINGAPORE • Beware higher bond yields, watch for a stronger dollar, and ...

HK dollar defence tops RM6.6b, currency stays weak

by BLOOMBERG
HONG KONG • The Hong Kong dollar remains stuck at the weak end of its currency band, even after the monetary authority plowed US$1.7 ...

Hedge fund sees correction in EMs

The MSCI EM Index is on its longest-ever streak without a 10% decline
by BLOOMBERG LIMA • The last time Jordi Visser remembers so many fellow investors ...
Ringgit

Ringgit ends marginally lower versus greenback

by BERNAMA
The ringgit close marginally lower against the US dollar today on the back of rising US Treasury yields, dealers said. ...

China said to change way it manages the yuan

by BLOOMBERG
BEIJING • China’s central bank has made a change to the regime used to manage the yuan, effectively removing a component used by banks to ...

Ringgit’s recovery backed by BNM’s likely rate hike

The currency is unfettered by the political noise coming from the EU, says a trading chief
By MARK RAO / Graphic By TMR Currency traders are pricing ...