US dollar

  1. Hong Kong Braces for Higher Rates as Currency Losses Quicken

    Hong Kong Braces for Higher Rates as Currency Losses Quicken
    How long can it last? That’s what watchers of Hong Kong’s markets are asking as the gap between local and U.S. interbank rates widens to the most since 2009. The city’s currency peg to the greenback effectively ties its monetary policy to that of the U.S., making the growing differential all the more curious. Now things may be changing, with...
  2. Is Silver Undervalued?

    Is Silver Undervalued?
    Today, Warren Buffett is acclaimed to be one of the greatest investors in the world. He has inspired millions around the globe to adopt value investing as the core principle of investing. Many are profiting and have built long-lasting wealth investing in the stock market through this principle.   I’m included. Personally, beyond stocks, I believe value investing is a...
  3. KLCI slips following weak cues from Wall Street

    KLCI slips following weak cues from Wall Street
    KUALA LUMPUR (April 13): The benchmark FBM KLCI index slipped 0.34% today, following weak cues from Wall Street after U.S. President Donald Trump’s comment on the U.S. currency being too strong, which kept the U.S. markets nervous. At the closing bell, the KLCI closed 5.90 points lower to 1,738.18, with 3.9 billion shares worth RM2.6 billion traded. Market breadth was...
  4. The Future of the Malaysian Ringgit

    The Future of the Malaysian Ringgit
    SINGAPORE (March 6): Last May, a 128-gigabyte Apple iPhone 6s Plus in Malaysia cost RM3,699. At the exchange rate of SGD1:RM2.85 then, that would have been around S$1,298 –about the same as the retail price in Singapore. At today’s exchange rate of RM3.16 though, Singaporeans can get the same phone for S$1,170 in Malaysia. With the phone selling in Singapore...
  5. Bank Negara international reserves down US$1.9b at Nov 30

    Bank Negara international reserves down US$1.9b at Nov 30
    KUALA LUMPUR: Bank Negara Malaysia’s (BNM) international reserves fell US$1.9bil to US$96.4bil as at Nov 30 from US$98.3bil two weeks earlier. BNM said on Wednesday that in ringgit terms, the international reserves fell RM8.2bil during the period. “The lower international reserves position reflected the liquidity support in the foreign exchange market. “The reserves position as at Nov 30, 2016 is...

5 Item(s)