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Bank Negara Malaysia’s (BNM) initiatives have helped alleviate pressure on the ringgit, leading to a 0.5 percent appreciation of the local currency on a nominal effective exchange rate (NEER) basis, said the central bank’s governor.<br/><br/>Datuk Abdul Rasheed Ghaffour, speaking at a press conference on Friday (May 17) during the announcement of the first quarter 2024 gross domestic product figures, noted that from the beginning of the year until May 15 this year, the ringgit had depreciated by 2.4 percent against the US dollar,in line with the movements of other regional currencies. <br/><br/>Read more at https://tinyurl.com/3kexwe38<br/><br/>WATCH MORE: https://thestartv.com/c/news<br/>SUBSCRIBE: https://cutt.ly/TheStar<br/>LIKE: https://fb.com/TheStarOnline

BNM's initiatives help cushion pressure on the ringgit, says its governor

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The Organic Chemistry Tutor

Currency Exchange Rates - How To Convert Currency

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#april #housingmarket #homebuilding<br/>#april #housingmarket #homebuilding #realestate #yahoofinance <br/>According to the National Association of Home Builders and Wells Fargo Housing Market Index, homebuilder confidence dipped in May to 45, down from 51 in April. With mortgage rates above 7%, many prospective home buyers remain on the sidelines, though single and multifamily housing starts modestly ticked higher in April. Yahoo Finance Reporter Dani Romero joins Wealth! to break down the numbers behind homebuilder confidence. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Nicholas Jacobino<br/><br/>Yahoo Finance: Market Coverage, Stocks, & Business News<br/>About Yahoo Finance:<br/><br/>Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.<br/><br/>- Get the latest news and data at finance.yahoo.com

April housing starts rebound modestly, builder sentiment dips

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Watch Learn Grow Repeat

Automatic Currency Exchange Rate Calculator in Excel

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Jason Welker

Calculating Prices in different Currencies using Exchange Rates

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Easy Investing Income

By Selling Options, You Can Retire with less!

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Reuters

BVTV: China’s currency woes | REUTERS

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