Free Trial

Ringgit Slips, PM Ismail Sabri Vows To Table Anti-Party Hopping Law In July

MYR

Spot USD/MYR has added 17 pips and last changes hands at MYR4.2227, with bulls looking to a rally above Mar 29 high of MYR4.2260, which would bring Mar 24 high of MYR4.2373 into view. On the flip side, the key near-term support has been defined at MYR4.2000, which limited losses on Mar 30.

  • PM Ismail Sabri has given his assurance that the anti-party hopping bill will be tabled in the July sitting of the Dewan Rakyat. The Premier said government MPs will back the legislation and invited the opposition to follow suit.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.