Tag: ringgit

UOB announced two new solutions last week to help firms in China better hedge their FX exposure for transactions denominated in international currencies.

Bank Negara Malaysia's stance may harm the ringgit but will have little influence on trading in Singapore or the attitude of offshore investors, experts argue.

The UK’s surprise decision to leave the European Union sparked panic, but FX experts CT talked to think things are returning to business as usual.

Malaysia will adopt a daily rate for the ringgit against the US dollar in an attempt to promote domestic financial markets in line with global best practices.

Thailand and Malaysia hope to promote the use of baht and rinngit in trade between the two nations, in a move that might mitigate FX risk.

The US Federal Reserve is expected to begin tapering its asset purchases imminently. FX strategists are arguing it will benefit the US dollar to the detriment of Asia's major currencies. CT asks the experts if this is the case.

The Malaysian ringgit shot up to a 21-month high against the dollar on the back of the election victory of the incumbent Barison Nasional (BN) party. What does the rally mean for Malaysia and its currency? CT asks the experts.

It's been argued the fall back in the influence of risk over FX implies that yields should take on more influence. If true, what does this mean for Asian emerging markets' currencies? CT asks the experts.