Preparing for a global tax reform thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
KUALA LUMPUR (July 26): AmBank Group expect the ringgit to trade between the support level of 4.450 and 4.470 while the resistance is pinned at 4.560 and 4.610. In its FX Daily highlights on Tuesday (July 26), AmBank group chief economist/head of research Dr. Anthony Dass said the ringgit appreciated only slightly by 0.01% to 4.453 and traded within the range of 4.456 and 4.450. Malaysia's Leading Index increased by 0.4% m/m in May 2022, signalling positive development in the economy.
Asia-Pacific may not follow Fed tightening rate thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.
The ringgit depreciated to its weakest level against a strengthening Singapore dollar at 3.2154 on Monday (July 25) on the likelihood that the Singapore Central Bank will tighten monetary policy again in October if inflation pressures persist.
US Chips Act won t hurt Malaysian semiconductor sector thestar.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestar.com.my Daily Mail and Mail on Sunday newspapers.