Ringgit strengthens 14.4 pct vs USD in 3Q 2024; One of the best performing currencies globally
The local currency's performance was primarily driven by the US Federal Reserves' 50 basis points policy rate cut.
Wed Oct 09 2024
Ringgit stronger against US dollar on lower US bond yield
The rising US jobless claims, weaker housing sales and slightly lower US bond yields, ultimately favoured the ringgit.
Fri Jul 22 2022
Asian shares fall on Fed plan, credit fears hit China
Asian markets tumbled Monday, extending last week's falls after the US Federal Reserve indicated it could reel in its stimulus later in the year.
Mon Jun 24 2013
US stock plunge extends global markets rout
Worries over China's economic slowdown and the possible end to the Federal Reserve's stimulus sent global markets into a tailspin Thursday.
Thu Jun 20 2013