FREELAND: CANADA WON'T ESCALATE OR BACK DOWN ON US TRADE FIGHT

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI: PBOC To Aim To Drive Inflation Higher- Advisors

MNI: China To Issue More Bonds As Stimulus Targets Consumption

MNI BRIEF: China Nov M1 Decline Narrows, M2 Slows

EZ/UK T-Bill Calendar: 8/13/28/50-Week BTF Auction on Monday

EZ/UK Bond Supply Calendar: 4.125% Jul-29 Gilt Due on Tuesday

MNI: CANADA OCT WHOLESALE SALES +3.3%; EX-AUTOS +0.5%

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Ringgit Weakens Even As Malaysia Pledges Efforts To Avoid Lockdown

MYR

Spot USD/MYR has extended gains this morning and last changes hands +25 pips at MYR4.2165. A clearance of Dec 20 high of MYR4.2300 would bring Dec 15 high of MYR4.2387 into play. On the flip side, bears need a retreat under Dec 31 low of MYR4.1642 to gain some fresh momentum.

  • Health Min Khairy said in a briefing that Malaysia will avoid re-imposing a lockdown as much as possible and plans to widen Covid-19 vaccine roll-out to younger children. The government has also temporarily banned all religious pilgrimage to Saudi Arabia effective Saturday, after it was deemed a major source of imported Omicron cases.
  • The BNM will provide an update on foreign reserves today. Looking further afield, Malaysia's industrial output/sales data will hit the wires on Monday.
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

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.