By Nikhil Nainan. May 14 (Reuters) - The Malaysian ringgit pared losses after falling to its lowest in over a year on Monday following last week's shock election upset, while most other Asian currencies gained on the dollar.
more13 May 2018 22:45 | Eyewitness News |
SYDNEY- Asian shares shot up to near two-month highs on Monday on signs the United States and China were toning down their trade war rhetoric, while Malaysian Ringgit hit a four-month trough in the first onshore trade since a shock election result last ...
more(Reuters) - The Malaysian ringgit fell to a four-month low on its first day of trade following Mahathir Mohamad's stunning win in the country's general election last week.
moreThe Malaysian ringgit slid nearly 1 percent to a four-month low of 3.985 per dollar MYR= after the local markets re-opened following holidays on Thursday and Friday.
more11 May 2018 04:39 | The Star Online |
Meanwhile, Bloomberg reported that the popularity of Malaysia's ringgit sovereign bonds with foreigners may also exacerbate declines when the country's onshore markets reopen on Monday.
more11 May 2018 00:52 | The Straits Times |
The Malaysian ringgit (RM) may initially slide to the psychological level of 4 per US dollar, although the size of its decline will depend on the level of clarity about the new policies, according to Bank of Singapore.
more10 May 2018 23:04 | Bloomberg |
Bloomberg's David Finnerty reports the future of the ringgit under Malaysian leader Mahathir Mohamad. He speaks on "Bloomberg Markets.
more10 May 2018 20:52 | Financial Times |
Forwards for Malaysia's currency were firming up on Friday after touching their lowest level since December during Thursday's session in the immediate wake of a historic general election.
more