Wednesday 12 August 2020
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theborneopost - 1 month ago

Forex watch: BNM decision in focus

US dollar-ringgit drifted towards the 4.30 psychologically-important level, though not straying far from its 100-day simple moving average. The ringgit has taken the downgrade to Malaysia s sovereign credit rating outlook in stride thus far, advancing about 0.1 per cent against the dollar, while Asian currencies endured mixed fortunes for the week. The Indian rupee was [...] The post Forex watch: BNM decision in focus appeared first on Borneo Post Online.


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