QUOTE(nexona88 @ Dec 13 2015, 11:02 AM)
USD/MYR drop, v3
USD/MYR drop, v3
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Dec 13 2015, 05:07 PM
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Jan 15 2016, 10:54 PM
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QUOTE Emerging currencies, including ringgit, to face downward pressure in 1Q16 January 14, 2016 : 8:11 PM MYT KUALA LUMPUR (Jan 14): Currencies of emerging countries, including the ringgit, is expected to face downward pressures in the first quarter of 2016, as long as the US dollar keeps strengthening and commodity prices weaken. In a note today, FXTM's chief market analyst Jameel Ahmad said emerging currencies will continue to experience downward pressures into the first quarter of 2016. “Another factor in play is a further increase in the US interest rates, which would likely lead to even more downward pressures on the Chinese yuan, Nigerian naira, Malaysian ringgit, Indian rupee and Indonesian rupiah,” he said. “I do believe that as the emerging economies begin to encounter their own reduced domestic growth, that this could weigh on outflows and threaten demand for their currencies even further,” he added. Jameel said the major turning point for all the emerging currencies will depend more on how the countries respond to a new environment of reduced economic growth. Link |
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Mar 13 2016, 08:42 AM
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May 11 2016, 07:00 AM
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May 11 2016, 07:03 AM
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May 15 2016, 03:42 PM
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May 15 2016, 03:46 PM
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May 15 2016, 04:05 PM
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May 15 2016, 04:08 PM
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May 15 2016, 04:16 PM
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May 15 2016, 04:20 PM
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May 15 2016, 04:32 PM
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May 15 2016, 05:04 PM
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May 15 2016, 05:51 PM
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May 15 2016, 06:00 PM
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May 15 2016, 06:02 PM
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May 15 2016, 08:09 PM
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May 19 2016, 08:44 AM
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South south
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