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                                        <title>Forex | MalaysiaNow</title>
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                                        <description>News, views and insights into Malaysian current affairs.</description>
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                                <title><![CDATA[ Ringgit hits lowest this year against US dollar, major Asian currencies ]]></title>
                                <link>https://www.malaysianow.com/news/2023/09/27/ringgit-hits-lowest-this-year-against-us-dollar-major-asian-currencies</link>
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                                <dc:creator><![CDATA[ Staff Writers ]]></dc:creator>
                                <pubDate>Wed, 27 Sep 2023 12:58:00 GMT</pubDate>
                                <description><![CDATA[ The local currency ended trading by hitting the 4.70 mark against the greenback. ]]></description>
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                                <title><![CDATA[ Ringgit hits 4.7 in early trade, lowest this year ]]></title>
                                <link>https://www.malaysianow.com/news/2023/09/27/ringgit-hits-4-7-in-early-trade-lowest-this-year</link>
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                                <dc:creator><![CDATA[ Staff Writers ]]></dc:creator>
                                <pubDate>Wed, 27 Sep 2023 02:47:00 GMT</pubDate>
                                <description><![CDATA[ It slid to 4.7050/7095 against the US dollar, compared to 4.6890/6940 recorded on Sept 19. ]]></description>
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                                <title><![CDATA[ It's not just Malaysia, says Bank Negara after ringgit plunge ]]></title>
                                <link>https://www.malaysianow.com/news/2023/05/26/drop-in-ringgit-value-does-not-reflect-state-of-economy-says-bank-negara</link>
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                                <dc:creator><![CDATA[ Staff Writers ]]></dc:creator>
                                <pubDate>Fri, 26 May 2023 13:13:00 GMT</pubDate>
                                <description><![CDATA[ The central bank says the currency should improve as global uncertainties subside. ]]></description>
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                                <title><![CDATA[ British forex boss convicted for US$62 million Ponzi-style fraud ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2023/05/23/british-forex-boss-convicted-for-us62million-ponzi-style-fraud</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Tue, 23 May 2023 00:45:00 GMT</pubDate>
                                <description><![CDATA[ Anthony Constantinou was found guilty of one count of fraud by false representation, two counts of fraudulent trading and four counts of transferring criminal property, police say. ]]></description>
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                                <title><![CDATA[ Big or small? Economists tell how Budget 2023 could help fight recession ]]></title>
                                <link>https://www.malaysianow.com/news/2022/10/05/big-or-small-economists-tell-how-budget-2023-could-help-fight-recession</link>
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                                <dc:creator><![CDATA[ Ahmad Mustakim Zulkifli ]]></dc:creator>
                                <pubDate>Wed, 05 Oct 2022 02:40:00 GMT</pubDate>
                                <description><![CDATA[ They urge the government to avoid a populist budget, and to 'really deal' with economic issues instead. ]]></description>
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                                <title><![CDATA[ Ringgit slides further against US dollar ]]></title>
                                <link>https://www.malaysianow.com/news/2022/09/28/ringgit-slides-further-against-us-dollar</link>
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                                <dc:creator><![CDATA[ Bernama ]]></dc:creator>
                                <pubDate>Wed, 28 Sep 2022 02:34:00 GMT</pubDate>
                                <description><![CDATA[ At 9am, the local currency slipped to 4.6140/6155 against the greenback from yesterday’s closing of 4.6100/6120. ]]></description>
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                                <title><![CDATA[ Sterling crumbles to record low, dollar soars on UK fiscal angst ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2022/09/26/sterling-crumbles-to-record-low-dollar-soars-on-uk-fiscal-angst</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Mon, 26 Sep 2022 04:29:00 GMT</pubDate>
                                <description><![CDATA[ The British pound's searing drop helped the safe-haven US dollar to a new two-decade peak against a basket of major peers. ]]></description>
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                                <title><![CDATA[ Ringgit opens at 24-year low against US dollar ]]></title>
                                <link>https://www.malaysianow.com/news/2022/09/07/ringgit-opens-at-24-year-low-against-us-dollar</link>
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                                <dc:creator><![CDATA[ Bernama ]]></dc:creator>
                                <pubDate>Wed, 07 Sep 2022 03:54:00 GMT</pubDate>
                                <description><![CDATA[ This is its lowest level versus the US dollar since the Asian financial crisis in 1998. ]]></description>
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                                <title><![CDATA[ US dollar hits 20-year high as Fed flags rates higher for longer ]]></title>
                                <link>https://www.malaysianow.com/out-there-now/2022/08/29/us-dollar-hits-20-year-high-as-fed-flags-rates-higher-for-longer</link>
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                                <dc:creator><![CDATA[ Reuters ]]></dc:creator>
                                <pubDate>Mon, 29 Aug 2022 02:29:00 GMT</pubDate>
                                <description><![CDATA[ The dollar index scaled to a fresh two-decade peak of 109.4 in early Asia trade, with greenback strength pushing other major currencies to new lows and putting pressure on its emerging markets counterparts. ]]></description>
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                                <title><![CDATA[ A case for pegging the ringgit ]]></title>
                                <link>https://www.malaysianow.com/opinion/2022/05/19/a-case-for-pegging-the-ringgit</link>
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                                <dc:creator><![CDATA[ Dr Mahathir Mohamad ]]></dc:creator>
                                <pubDate>Thu, 19 May 2022 08:59:05 GMT</pubDate>
                                <description><![CDATA[ The fact remains that the 1998 pegging was successful. ]]></description>
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