+A -A
KUALA LUMPUR, Malaysia (July 6): According to Bank Negara Malaysia’s (BNM) latest reports, Malaysia’s daily foreign currency (forex) turnover fell below US$6 billion (approximately RM24.93 billion) for the first time since February 2021, dropping dramatically to US$5.88 billion yesterday from US$9.81 billion last Friday.
The total was US$9.89 billion on Thursday, down from US$10.39 billion on Wednesday, according to the central bank.
According to BNM, the last time the country’s daily FX turnover fell below US$6 billion was on February 15, 2021, when it was US$5.37 billion, down from US$7.53 billion on February 11, 2021.
The central bank could not be reached quickly today to inquire about the cause of yesterday’s dramatic reduction in the country’s daily FX turnover.
Sign up for an email alert at 3 p.m.
Every day, we send you news to your mailbox.
Videos in the spotlight
CALL IN THE MORNING: 06/07/21
EVENING 5: On July 26th, Parliament will reassemble.
NEWS: Here’s a glimpse at the Covid-19 screening facilities at KLIA.
NEWS: The state of Selangor has launched a vaccination campaign.
EDGE WEEKLY: In a pandemic, unlocking asset value
CALL IN THE MORNING: 5/7/21
Khairy Jamaluddin, the PICK’s coordinating minister, has sent a message.
EVENING 5: The federal government is considering weaker standards in some states.
What exactly is 5G?
CALL IN THE MORNING: 02/07/21/n
Read More
