热门标签

telegram华人群(www.tel8.vip):Factors driving the ringgit

时间:4周前   阅读:7   评论:1

telegram华人群www.tel8.vip)是一个Telegram群组分享平台。telegram华人群包括telegram华人群、telegram群组索引、Telegram群组导航、新加坡telegram群组、telegram中文群组、telegram群组(其他)、Telegram 美国 群组、telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容。telegram华人群为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。

CLICK TO ENLARGE

PETALING JAYA: The ringgit has begun weakening against more currencies in the past weeks, in addition to the widely-reported depreciation against the US dollar and Singapore dollar.

The trend is quite worrying, according to a market observer, considering that some of these currencies belong to Malaysia’s biggest import destinations.

“The country’s import bill may spike, and with Malaysia being highly dependent on food imports, this could further contribute to food inflation,” he told StarBiz.

Malaysia’s food import bill for 2021 was at RM63.6bil.

Meanwhile, food inflation in June, was recorded at 6.1% compared with the headline inflation of 3.4%.

While it is impossible to predict the movement of the currency, there are expectations that the ringgit may face downward pressure as more countries experience a pick-up in economic growth, according to economists.

Between July 15 and Aug 15, the ringgit has weakened against almost all major regional and global currencies.

Food inflation in June, was recorded at 6.1% compared with the headline inflation of 3.4%.

,

澳洲幸运5官网www.a55555.net)是澳洲幸运5彩票官方网站,开放澳洲幸运5彩票会员开户、澳洲幸运5彩票代理开户、澳洲幸运5彩票线上投注、澳洲幸运5实时开奖等服务的平台。

,

Based on Bloomberg data, the ringgit declined by 4.16% against the Japanese yen, Thai baht (3.34%), South Korean won (2.05%)

and Indonesian rupiah (1.92%).

After weakening significantly since March, the ringgit fell further by 1.74% against the Singapore dollar in the July 15 to Aug 15 period.

Against the Philippine peso, it fell by 1.24%, while it weakened marginally by 0.37% and 0.07% against the Hong Kong dollar and the Taiwanese dollar respectively.

The ringgit was flattish against the Chinese yuan, slipping by 0.02% in the one-month period.

The ringgit dropped by 1.91% against the British pound sterling, the euro (1.01%) and the Australian dollar (3.61%).

Against the US dollar, the ringgit fell further by 0.22% after weakening significantly since March.

It is noteworthy that some of the currencies that have strengthened against the ringgit belong to Malaysia’s major import sources.

They include Singapore, the United States, Taiwan, Japan and Europe.

Malaysia University of Science and Technology economics professor Geoffrey Williams said the ringgit’s value is underpinned by solid fundamentals, attractive opportunities for short-term and long-term foreign investors and a “better look and feel” for the economy as a whole.

上一篇:USDT交易所程序出租(点击联系我):华为Mate 50参数曝光:没5G版和徕卡镜头 有120Hz高刷

下一篇:Bank Negara: Bankruptcy cases declining

网友评论

  • 2023-01-01 00:34:43

    令人震惊的是,詹姆斯截止至他职业生涯的那个阶段从来没有成为过顶薪球员,而这是保罗和特尼唯一愿意接受的续约条件。然而联盟消息人士透露,这并没有阻止莱利带着微笑和他通常表现出来的勇气,提议詹姆斯以象征性的金额与热火续约,让莱利在2014年总决赛1-4的失利过后,认真地重组球队阵容。消息人士透露,目前还不清楚莱利当时的态度是认真的,还是只是在油嘴滑舌。
    只是来瞅一眼