Dong forecast to weaken against US dollar in 2024
Analysts forecast that the Vietnamese dong may depreciate 3% against the US dollar in the first half of 2024 (1H24)…
Forex
Ringgit slightly lower versus greenback at close
KUALA LUMPUR: The ringgit slipped against the US dollar at close despite the greenback’s retracement against major currencies, said an analyst.
Ringgit ends lower versus greenback amid higher US inflation data
KUALA LUMPUR: The ringgit ended lower against the US dollar as the greenback strengthened further, trading at a multi-month high…
Ringgit weakens at opening as economic data prop up US$
KUALA LUMPUR: The ringgit slipped further against the US dollar when the market opened today, as positive United States economic data points…
Dollar is more armoured division than currency
THERE’S just no getting past the supremacy of the US dollar, much as sceptics of American influence wish for it…
China confuses yuan traders with surprise changes to fixing
Traders seeking to navigate the most crucial part of China’s foreign exchange management are finding visibility getting increasingly cloudy.
Yen hits 34-year low, sparking intervention hints
The yen dropped to its lowest level since 1990 yesterday, into the zone that triggered intervention by Japanese authorities in…
Yen on intervention watch; Asia shares subdued
The yen languished near its weakest in decades on Thursday though the threat of intervention from Japanese authorities kept investors…
Ringgit retreats after two days of gains ahead of US inflation data
KUALA LUMPUR: The ringgit retreated to close lower against the US dollar on Wednesday, snapping two consecutive days of gains on caution ahead of…