Tag: Ringgit

20

Sep2015
Fast FinanceThe US Federal Reserve will not raise interest rates, at least yet.  Following the Fed’s announcement on Thursday, the dollar fell against many currencies (including MENASEA regional currencies that have been hammered as of late).  To the extent that the Fed’s concern for Emerging Market turmoil allows it to ... Read More
September 20, 2015Blake Goud

23

Aug2015
FAST FINANCE The surprise announcement that China would allow the renimbi to depreciate by 4.4%, thrust currencies into the spotlight. The term ‘currency war’ is back since it was popularized in 2010 by Brazil’s former finance minister Guido Mantega.  Now, the competitive devaluations are spreading across the MENASEA region raising the ... Read More
August 23, 2015Blake Goud