Dollar

Ringgit opens higher against US dollar on rising hopes fed will not hike rates

The ringgit opened higher against the greenback as the latest US inflation data strengthened hopes that the US Federal Reserve (Fed) would…

7 months ago

Dollar is the fortress China struggles to breach

IF THIS is what a bad year for the dollar looks like, I’ll take it. Widespread predictions of a significant…

8 months ago

Mighty dollar can fight off the digital upstarts

PROPONENTS of de-dollarisation might resent America’s exorbitant privilege all they want. But what can they do about it?  Analysts usually…

10 months ago

Ringgit extends uptrend vs greenback at opening

THE ringgit has extended its uptrend against the US dollar this morning in anticipation of softer interest rate hikes in…

1 year ago

Ringgit stronger after smaller US rate hike

THE ringgit appreciated against the US dollar this morning following the United States (US) Federal Reserve's (Fed) encouraging move to…

1 year ago

Ringgit opens higher against greenback

THE ringgit extended yesterday’s gains to open higher today against the greenback on renewed buying interest. At 9 am, the ringgit…

1 year ago

Mighty dollar loses a little bit of its shine as 2023 approaches

The dollar is headed into 2023 on a more downbeat note as the pace of Federal Reserve interest-rate hikes begins…

1 year ago

BI wants to ‘control’ rupiah in tougher stance

INDONESIA’S central bank hardened its wording around its currency interventions, saying it would look to “control” the rupiah with the…

1 year ago

Oil set for 1st quarterly drop since 2020

OIL headed for its first quarterly loss in more than two years as escalating fears over a global economic slowdown…

2 years ago

Fed effect rips through Asia as currencies hit multi-year lows

THE dollar steamrolled through Asia on Wednesday as bond market bets on higher-for-longer US rates gave fresh fuel to the…

2 years ago

Dollar pain spreads from emerging to developed economies

DEVELOPED economies are taking a hit from the dollar’s appreciation to multi-decade highs in ways that were once more familiar…

2 years ago

China sets yuan fix weaker than 6.9 a dollar, unseen since 2020

CHINA set its reference rate for the yuan weaker than 6.9 per dollar for the first time in two years,…

2 years ago

The strong dollar is wreaking havoc globally — and it’s just getting started

GEORGE Boubouras was at his home in east Melbourne, taking in a cricket match, when his phone suddenly blew up.…

2 years ago