Ringgit hits lowest this year against US dollar, major Asian currencies
The local currency ended trading by hitting the 4.70 mark against the greenback.
Ringgit hits 4.7 in early trade, lowest this year
It slid to 4.7050/7095 against the US dollar, compared to 4.6890/6940 recorded on Sept 19.
It's not just Malaysia, says Bank Negara after ringgit plunge
The central bank says the currency should improve as global uncertainties subside.
British forex boss convicted for US$62 million Ponzi-style fraud
Anthony Constantinou was found guilty of one count of fraud by false representation, two counts of fraudulent trading and four counts of transferring criminal property, police say.
Big or small? Economists tell how Budget 2023 could help fight recession
They urge the government to avoid a populist budget, and to 'really deal' with economic issues instead.
Ringgit slides further against US dollar
At 9am, the local currency slipped to 4.6140/6155 against the greenback from yesterday’s closing of 4.6100/6120.
Sterling crumbles to record low, dollar soars on UK fiscal angst
The British pound's searing drop helped the safe-haven US dollar to a new two-decade peak against a basket of major peers.
Ringgit opens at 24-year low against US dollar
This is its lowest level versus the US dollar since the Asian financial crisis in 1998.
US dollar hits 20-year high as Fed flags rates higher for longer
The dollar index scaled to a fresh two-decade peak of 109.4 in early Asia trade, with greenback strength pushing other major currencies to new lows and putting pressure on its emerging markets counterparts.
A case for pegging the ringgit
The fact remains that the 1998 pegging was successful.
Bank Negara rules out pegging the ringgit
Bank Negara Malaysia governor Nor Shamsiah Mohd Yunus says maintaining a peg would be a very costly policy.
