ringgit
Coverage of ringgit in the Nexus archive.
- Ringgit May Rebound on Capital Flow Measures, Analysts Say
Analysts suggest that the Ringgit may rebound due to capital flow measures.
- Malaysia and Russia Weigh Using Ruble, Ringgit to Boost Trade
Malaysia and Russia are considering using the Russian ruble and Malaysian ringgit to increase trade between the two countries. The move aims to bypass traditional currencies and strengthen economic ties.
- Malaysia Holds Rate as Ringgit Tempers Inflation Pressure
Malaysia's central bank holds interest rate steady due to stable inflation and ringgit performance. The decision aims to maintain economic stability. Customers in Kuala Lumpur seem unaffected.
- Malaysia’s IAQ Group Is Said to Consider 1 Billion Ringgit IPO
Malaysia’s IAQ Group is reportedly considering a 1 billion ringgit initial public offering (IPO). The potential listing would take place on Bursa Malaysia in Kuala Lumpur.
- Malaysia Faces ‘Critical Period’ For Fuel by June, Minister Says
Malaysia's Minister warns of a 'critical period' for fuel by June 2024, amid concerns over political stability and a weakened ringgit currency. The ringgit remains under pressure due to high interest rate differentials with the Fed and ongoing economic challenges.