ringgit

The ringgit will do a lot better with the ‘right’ stories - THE EDGE SINGAPORE

Tong's Portfolio

The ringgit will do a lot better with the ‘right’ stories

A plausible story can triple current account surplus and double net forex reserves.

Malaysia

Malaysian central bank says ringgit 'ought to’ trade higher

Bank Negara is unlikely to heavily defend the ringgit, given its 'moderate level of foreign-exchange reserves'

Malaysia

Ringgit’s fall to 26-year low sparks Bank Negara's verbal reply

'The recent performance of the ringgit, similar to other regional currencies, has been influenced by external factors'
Tick tock tick tock … time is running out ... Malaysia needs a credible fiscal consolidation plan now - THE EDGE SINGAPORE

Tong's Portfolio

Tick tock tick tock … time is running out ... Malaysia needs a credible fiscal consolidation plan now

Relying on oil to fund persistent operating deficit is neither wise nor sustainable
Directing EPF’s investments back to Malaysia: The pros and cons, and the better path - THE EDGE SINGAPORE

Tong's Portfolio

Directing EPF’s investments back to Malaysia: The pros and cons, and the better path

As a matter of public policy, repatriating domestic savings and reinvesting the money locally make perfect sense.
The dichotomy of words and actions on the ringgit - THE EDGE SINGAPORE

Tong's Portfolio

The dichotomy of words and actions on the ringgit

Why is there such a contrast between public articulation, by economists, analysts and the media, and the actions of smart money?

SE Asian economies

Malaysia says ringgit's drop will be cushioned by fundamentals

“The flexibility of the ringgit will continue to benefit the Malaysian economy."

Forex

Ringgit in 'lower for longer' world

It is understood that Bank Negara Malaysia is delaying the release of its much-anticipated guidance on the economy that traditionally accompanies its annual report, owing to the ongoing movement control order (MCO) that has been extended to April 14.

Currencies

Bank Negara Malaysia relaxes currency conversion rules for exporters

(Aug 17): Malaysia's central bank said on Friday exporters will no longer be obligated to convert most of their proceeds into ringgit, relaxing a rule introduced in 2016 to boost onshore trading of the currency.

Malaysia

Malaysia central bank holds key rate as election shock spurs economy concerns

KUALA LUMPUR (May 10): Malaysia's central bank kept its key interest rate unchanged on Thursday, citing lower inflation and steady economic growth hours after a shock election victory for the opposition that Moody's rating agency said left the cou
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