atans1

Will TOC ever report this about ringgit?

In Currencies, Malaysia on 19/04/2019 at 5:56 am

But to be fair, neither will any of the usual suspects in the anti-PAP alt media universe. Why? Because Tun is the Greatest and Regime change is always good?

Malaysian ringgit into Asia’s worst performer this month.

FTSE Russell said Monday it may drop Malaysian debt from the FTSE World Government Bond Index because of concern about market liquidity, roiling the nation’s currency and bonds. And less than two weeks ago, Norway said its sovereign wealth fund will cut emerging-market debt including Malaysian securities from its index.

https://www.bloomberg.com/news/articles/2019-04-16/malaysian-ringgit-staggers-after-blows-from-ftse-russell-norway

Neither will they report

The Singapore dollar rose to a 17-month high against the Malaysian ringgit on Wednesday (Apr 17), as demand for the Malaysia currency weakened amid concerns the country’s debt may be removed from a key global bond index.

The Singapore dollar rose to an intraday high of RM3.0632 on Wednesday, the highest since the Singdollar touched RM3.0724 on Nov 20, 2017, according to global financial portal investing.com.

Year-to-date, the Singdollar has risen 0.74 per cent against the ringgit, according to Bloomberg.

Read more at https://www.channelnewsasia.com/news/business/singapore-dollar-rises-17-month-high-against-malaysian-ringgit-11456122

 

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