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Good morning. Here's what you should know today.Key HighlightsPAS and judgement dayMPs moot sheltering Gaza refugeesThe ringgit fell to its lowest rate against the US dollar in 25 years on Thursday.At the close of trading, the ringgit fell to 4.7680 against the dollar, the weakest since the 1997 Asian Financial crisis.This was in part due to increased demand for the dollar amid the conflict between Israel and Palestine.
The bipartisan committee’s chairperson, Wong Chen, said that the committee would discuss the matter with the Foreign Ministry.Scotland has already expressed willingness to take in refugees from Gaza, which is being battered by retaliatory attacks from Israel.
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Ringgit ends lower as investors remain cautiousHigher US yields and Middle East conflict influenced the financial markets’ reaction, says analyst.
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Bloomberg: Ringgit hits record bottom since 1998, worst performer after yenKUALA LUMPUR, Oct 19 ― The Malaysian ringgit has reportedly tumbled by 0.3 per cent to 4.735 per dollar, recorded as the weakest since 1998. Bloomberg reported that the currency...
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Bloomberg: Ringgit hits record bottom since 1998, worst performer after yenKUALA LUMPUR, Oct 19 ― The Malaysian ringgit has reportedly tumbled by 0.3 per cent to 4.735 per dollar, recorded as the weakest since 1998.AdvertisementAdvertisement Bloomberg...
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Ringgit falls to 25-year low, 2nd worst performer in AsiaBNM’s decision to pause interest rate hikes since July adds headwinds for the local currency.
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Ringgit slips to 4.76 as US bond yields riseMarket sentiment may continue to remain cautious today, says analyst.
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Ringgit jatuh ke paras terendah 25 tahunRinggit turun 0.3 peratus kepada 4.7635 berbanding dolar AS, paling lemah sejak 1998, prestasi terburuk di Asia tahun ini selepas yen Jepun.
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