Monday, 30 January 2012

Malaysia ringgit outlook jan 31 2012

forex trading outlook today - Malaysia ringgit outlook jan 31 2012 : Malaysia’s ringgit headed for the biggest monthly advance in almost two years after the central bank said said yesterday it would relax rules on interest-rate derivatives, debt and foreign-exchange trading. The currency climbed 4 percent this year to 3.0513 per dollar.

Bank Negara Malaysia will leave its benchmark overnight rate at 3 percent at a review today, according to all 15 economists surveyed by Bloomberg News. That would be 12 times the upper end of the range for the Federal Reserve’s benchmark rate.

Related Post:

No comments:

Post a Comment