KUALA LUMPUR, Aug 26 — The US Federal Reserve (Fed) still has more room to manoeuvre its monetary policy to fight inflation pressure, Synergy Link Capital Pte partner and director Andy Tan said.
KUALA LUMPUR, Aug 17 — The ringgit ended flat against the US dollar today amid the possibility of the US Federal Reserve (US Fed) taking a significant interest rates adjustment to bring rising inflation under control.
KUALA LUMPUR, Aug 17 — The ringgit opened slightly higher against the US dollar as demand for the greenback paused overnight following a mixed US stock market, analysts said.
KUALA LUMPUR, Aug 12 — The ringgit opened easier against the US dollar on Friday due to mixed sentiments and falling crude oil prices, said an analyst.
NEW YORK, Aug 10 — The US dollar was down in late trading on Tuesday due to the wide expectation of weaker US inflation, reported Xinhua.
KUALA LUMPUR, Aug 8 — The Ministry of Finance (MOF) is monitoring the effects of the increase in the Overnight Policy Rate (OPR) on the amount of consumer loan repayments.
MANILA, Aug 5 — Philippine annual inflation rose to 6.4 per cent in July, exceeding market forecasts, driven by higher transport costs and spikes in food prices, the statistics agency said on Friday.
JAKARTA, Aug 1 — Indonesia’s inflation rate increased 4.94 per cent year-on-year (y-o-y) in July 2022 against 1.52 per cent in the same month last year, the highest since October 2015.
By Mustakim Ramli SHAH ALAM, July 29 — The state government will continue to provide assistance and incentives to farmers, ensuring inflation does not greatly impact them. Menteri Besar Dato’ Seri Amirudin Shari said the aid in agriculture and animal feed inputs has helped farmers affected by...
SINGAPORE, July 25 — The Ministry of Trade and Industry (MTI) and Monetary Authority of Singapore (MAS) announced on Monday that the MAS core inflation on a year-on-year basis rose to 4.4 per cent in June from 3.6 per cent in the previous month, reported Xinhua.
KUALA LUMPUR, July 23 — The ringgit is likely to continue its decline against the US dollar next week due to higher inflation, said an analyst.
KUALA LUMPUR, July 22 — Malaysia’s Consumer Price Index (CPI) increased by 3.4 per cent year-on-year (y-o-y) to 127.4 in June 2022 from 123.2 in June 2021, surpassing the average inflation in Malaysia for the January 2011-June 2022 period by 1.9 per cent.
KUALA LUMPUR, July 19 — The overall inflationary pressure in Malaysia will remain stable particularly with the receding global commodity prices, says MIDF Research.
KUALA LUMPUR, July 16 — The ringgit is likely to continue its losing streak against the US dollar next week, as the greenback is expected to stay dominant amid mounting inflation jitters.
KUALA LUMPUR, July 14 — Inflation in developing economies, including Malaysia and Indonesia, is likely to return to more normal readings at a pace akin to those of developed economies.
KUALA LUMPUR, July 13 — RAM Ratings has revised Malaysia’s full-year inflation forecast for 2022 to 3.0 per cent, from 2.5 per cent initially (2021: 2.5 per cent).
HANOI, July 6 — The Asean+3 Macroeconomic Research Office (AMRO) forecast a 4.3 per cent growth for the Asean+3 (Association of Southeast Asian Nations plus China, Japan, and South Korea) region this year, slightly lower than its previous forecast.
KUALA LUMPUR, July 5 — The ringgit is expected to fare better in the fourth quarter (Q4) of the year due to improving growth in China as well as in anticipation of a pause in the United States Federal Reserve’s rate hike and strong recovery of the Malaysian economy.
KUALA LUMPUR, June 27 — AmBank Research expects Bank Negara Malaysia (BNM) to increase the overnight policy rate (OPR) by 50 basis points (bps), bringing the OPR to 2.50 per cent during the upcoming meeting in July, in anticipation of the rising inflation.
MUMBAI/BUENOS AIRES/LONDON, June 27 — It only took 24 hours last month for Prime Minister Narendra Modi's government in India - the world's second-largest producer of wheat - to shelve its plans to "feed the world".
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