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Search Result for “Malaysia currency”

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BUSINESS

Baht down ahead of policy decision

Reuters, Published on 25/01/2023

» Asian emerging markets trickled back to life on Wednesday after the Lunar New Year holiday, with the baht dipping ahead of a central bank policy rate decision, while Singapore shares hit a near nine-month high ahead of inflation data.

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BUSINESS

Baht gives up gains as talk of BoT intervention swirls

Reuters, Published on 09/12/2020

» The baht reversed early gains to trade flat on Wednesday afternoon, with traders saying the Bank of Thailand (BoT) appeared to have intervened to limit the currency's appreciation, which it has repeatedly said is negative for the economy.

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BUSINESS

Bank of Thailand should keep baht competitive for trade: Somkid

Reuters, Published on 22/04/2020

» The Bank of Thailand should ensure the baht is competitive and has a trade advantage as the coronavirus pandemic hits the economy, Deputy Prime Minister Somkid Jatusripitak said on Wednesday.

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BUSINESS

Malaysia central bank leaves key rate on hold

Reuters, Published on 05/11/2019

» KUALA LUMPUR: Malaysia's central bank kept its key policy rate steady at 3.00% on Tuesday, saying it expects private sector spending to remain resilient, offsetting pressure from weaker exports.

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BUSINESS

BoT says it has enough tools to handle volatility in baht

Reuters, Published on 05/04/2019

» The Bank of Thailand has sufficient tools to handle an expected increase in volatility in the baht, stemming from factors such as global trade tensions and political uncertainties, an assistant governor said on Friday.

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BUSINESS

Malaysia may push new measures to deal with forex volatility

Reuters, Published on 13/01/2017

» KUALA LUMPUR - Malaysia's central bank said on Friday it may adopt additional measures to deal with volatility in foreign exchange markets if necessary, as the ringgit currency hovered near 19-year lows.

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BUSINESS

Malaysia June exports post surprise jump

Reuters, Published on 05/08/2016

» KUALA LUMPUR - Malaysia's export growth rose unexpectedly in June, driven by higher demand for manufactured goods from the United States, which offset the hit to the oil-producing country's commodities shipments.

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BUSINESS

Thailand signs bank-access agreements with Malaysia, Philippines

Reuters, Published on 14/03/2016

» KUALA LUMPUR -- Malaysia's central bank said on Monday it has signed agreements with its counterparts in Thailand and the Philippines on market access and operational flexibility for lenders, as the Asean countries move towards an integrated banking market.

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BUSINESS

Malaysia rules out ringgit peg

Business, Reuters, Published on 21/08/2015

» KUALA LUMPUR: Malaysian Prime Minister Najib Razak said yesterday that he would not peg the ringgit to the US dollar or implement capital controls as he sought to calm fears about the sliding currency and capital flight from Southeast Asia's third-largest economy.