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Tag Archives: Ringgit Malaysia
Ringgit Hits New High Against US Dollar
Ringgit Malaysia rose to a new 14-year high of RM2.9432/USD 1 on last Wednesday, July 27. In the other words, Malaysian just needs to pay RM2.94 to buy US$ 1. The appreciation of ringgit is due to the stronger economic … Continue reading
Impact of the Increase in OPR
Bank Negara Malaysia raised the Overnight Policy Rate (OPR) by 25 basis points to 3% since last Friday. Following this, banks will increase the Base Lending Rate (BLR) sooner. So, for those who have variable loans especially housing loan will … Continue reading
Posted in Economic Analysis, News & Announcement
Tagged Bank Negara, Base Lending Rate, BLR, OPR, overnight policy rate, Ringgit Malaysia
1 Comment
Ringgit Malaysia Past and Current Performance
The rising value of Ringgit has made buying items off the Internet much more cheaper. Recently, the ringgit closed at a new 13 year high against US dollar with the exchange rate of 2.96. It has taken more than a … Continue reading
Posted in Economic Analysis
Tagged Ringgit Appreciate, Ringgit Malaysia, US Dollar, US Dollar depreciate, USD/MYR
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Weaker US Dollar Against Ringgit
The Ringgit Malaysia went lower against the US dollar again. Do you think it is good news for those blogger who making money online? The Ringgit Malaysia is in between the 3.32 to 3.40 level against the US dollar this … Continue reading
Posted in Economic Analysis, News & Announcement
Tagged Ringgit Malaysia, US Dollar, US economy, Weaker US Dollar
7 Comments