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Malaysia expects ringgit to rise this year, rules out currency peg
29 Feb 2024 04:08 GMT
KUALA LUMPUR, Feb 29 (Reuters) - Malaysia's finance
ministry on Thursday dismissed adjusting monetary policy or
pegging the ringgit to support the weakened currency, saying it
expects the ringgit's value to appreciate this year.
The ringgit has …
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BoN cautions against reducing repo rates
17 Apr 2024 21:00 GMT
… remains sufficient to sustain the currency peg between the Namibia Dollar and …
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The Urgent Need for Transparency Reform in Gulf Central Banks
16 Apr 2024 18:19 GMT
… framework, the rationale for its currency peg regime, and the expected stability …
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Economists predict no repo rate change
16 Apr 2024 20:25 GMT
… economic developments, including maintaining the currency peg with South Africa, of which …
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Dwindling Reserves Put Bolivia’s Economy on Edge
16 Apr 2024 08:10 GMT
… even mean its long-defended currency peg to the US dollar will … preventing Bolivia from abandoning its currency peg. “Multilateral, primarily regional, and bilateral …
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Hong Kong’s currency peg under strain – US report
17 Nov 2023 12:33 GMT
… to maintain Hong Kong’s currency peg to the US dollar is …
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Former Malaysia PM Mahathir advocates currency peg with ringgit lowest since crisis
02 Nov 2023 05:18 GMT
KUALA LUMPUR – Former Malaysian premier Mahathir Mohamad said the country should consider pegging its sinking currency to the dollar, repeating the policy he introduced during the Asian financial crisis in the late 1990s.
“It’s something to be considered,” …
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Youth join Brunei-Singapore community project
15 Apr 2024 20:14 GMT
… , with an emphasis on the currency peg. He hopes to see continued …
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As Hong Kong’s currency peg marks 40th birthday with little fuss, some traders dither over its future
16 Oct 2023 01:21 GMT
“Back then, I was a money and currency trader at Citibank, and I clearly remembered the Saturday morning when the Reuters machine suddenly flashed the breaking news that the Hong Kong dollar was to be fixed at 7.8 per US dollar” with effect from October 17 …
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Saudi Arabia, Gulf countries follow US Fed quarter-point hike to protect currency peg
27 Jul 2023 08:11 GMT
Central banks in the Gulf including in Kuwait and Saudi Arabia matched the Federal Reserve’s 25 basis-point rate increase on Wednesday as they aim to protect their currencies’ peg against the US dollar.
Although inflation is relatively muted in the wider …