The U.S. House passed a stablecoin regulatory bill, alongside two others, marking a significant political and regulatory development in cryptocurrency.
Singapore mandates licenses for overseas-serving crypto exchanges by June 30, citing money laundering risks and regulatory concerns, following recent scandals.
China's foreign exchange reserves hit $3.2853 trillion in May 2025, up $3.6 billion (0.11%) from April, driven by currency translation
The U.S.-China economic conflict centers on currency manipulation, with Trump pushing for a stronger yuan while considering a weaker dollar, complicating trade dynamics.
The Malaysian ringgit weakened due to US-China trade tensions, affecting exports and economic outlook, despite potential recovery from Federal Reserve rate cuts.
In March 2025, the ringgit rose 0.6% against the US dollar, marking three months of gains, with positive future forecasts due to economic stability.
The “Mar-a-Lago Accord” seeks to devalue the U.S. dollar to boost manufacturing and reduce trade deficits, facing significant challenges and uncertainties.
The Ringgit deprecated and is expected to face continued uncertainty but read more on the global economic review
Ringgit weakened against USD in Dec-24 but gained against trading partners, expected to gradually appreciate to RM4.23 in 2025.
Donald Trump’s threat to impose 100% tariffs on BRICS countries if they attempt to create a currency rival to the US dollar is a…
Malaysia’s removal from the US currency watch list reaffirms the ringgit’s market-driven status, boosted by strong domestic growth and policy reforms.
Bank Negara Malaysia foresees a resilient ringgit supported by narrowing US-Malaysia rates gap, strong domestic growth, reforms, and strategic forex initiatives.
The ringgit opens slightly stronger against the US dollar, despite global market volatility, with mixed performance against other major currencies and ASEAN counterparts.
The ringgit opens steady against the US dollar, showing strength against major currencies, though regional fluctuations indicate mixed performance for Malaysia's economy.
Bank Negara maintains the 3% interest rate, supporting Malaysia's economic growth, stable inflation, and investment expansion while monitoring global and domestic risks.
The ringgit opened higher against the US dollar, buoyed by increased demand for equities amid Trump’s return, despite a strong US Dollar Index.
