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Federal Reserve

BNM reserves edge up to US$120.9 bil as of mid-July

Central bank says reserves sufficient to cover 4.8 months of imports and 0.9 times short-term external debt

Ringgit opens slightly lower against greenback ahead of fed rate decision

At 8 am, the local note eased to 4.2900/3020 against the greenback from Monday’s close of 4.2870/2945

Ringgit ends higher after correcting oversold position

The ringgit climbed 145 percentage-in-points to 4.4535/4600 versus the greenback from Wednesday’s close of 4.4680/4725

◉ Popular

Petronas staff to be shown the door to make up losses from Petros deal?

Source claims national O&G firm is expected to see 30% revenue loss once agreed formula for natural gas distribution in Sarawak is implemented

Cleared for layoffs? AirAsia to retrench 20% of workforce in major cost-cutting move

This allegedly involves cabin services, cargo and logistics, engineering and maintenance, as well as the commercial division, according to Scoop’s source

Apad confirms inDrive licence revoked effective July 24, but company can appeal

Russian-based company can file appeal through the agency for the Transport Ministry's consideration

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