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Bank Islam: Raising ASB, ASB2 limit to RM300,000 under Budget 2023 will inculcate savings culture amid rising interest rate regime

Budget 2023: Malaysia banks on strong fundamentals, reforms amid external headwinds

Ringgit extends downtrend ahead of expected aggressive US interest rate hike

KUALA LUMPUR, Sept 19 The ringgit continued to be weighed by the rising US dollar for the fifth consecutive session as another aggressive United States (US) interest rate hike.

Ringgit ends at new 24-year low against US dollar

KUALA LUMPUR: The Malaysian ringgit ended today at a new 24-year low against the US dollar as the local note continued to be under pressure due to the expectation of a substantial interest rate hike by the US Federal Reserve due to persistently high inflation in the United States.

TNB, FGV, CIMB, Bank Islam, Leong Hup, Hengyuan, Hong Leong Bank, BCorp, Serba Dinamik, Icon Offshore, Affin Bank, Citaglobal and Muhibbah Engineering

Here is a brief look at some corporate announcements and news flow on Tuesday which include Tenaga Nasional Bhd, FGV Holdings Bhd, CIMB Group Holdings Bhd, Bank Islam Malaysia Bhd, Leong Hup International Bhd, Hengyuan Refining Co Bhd, Hong Leong Bank Bhd, Berjaya Corp Bhd, Serba Dinamik Holdings Bhd, Icon Offshore Bhd, Affin Bank Bhd, Citaglobal Bhd and Muhibbah Engineering (M) Bhd.

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