KUALA LUMPUR, March 22 ― Google’s decision to temporarily disable features, including the currency converter widget for Malaysian ringgit (MYR) searches, is aimed at resolving various technical issues and is not based on any directive from a particular party. Communications Minister Fahmi Fadzil said that Google informed him of their decision following discussions with Bank … Read more
KUALA LUMPUR, March 22 — If you need to know something, the best way is to just Google it and this includes any questions such as currency exchange rates. However, it seems that Google has removed one feature on its search results if you want to know the current value of the Malaysian Ringgit (RM) … Read more
MARCH 6 ― Currency, like other financial assets, is traded like a commodity, with the exchange rate varying as demand and supply meet at the equilibrium price. The theory of Efficient Market Hypothesis (EMH) can explain a variety of variables that influence exchange rates. Eugene Fama popularised the EMH, a century-old financial economics theory, earning … Read more
TANJONG KARANG, Feb 24 ― The current depreciation of the Malaysian ringgit only has minimal impact on the procurement and purchase of medicines from abroad, said Health Minister Datuk Seri Dzulkefly Ahmad. He said this because the ministry has implemented hedging methods to avoid conducting medicine acquisitions at high prices. “In any procurement, we implemented … Read more
FEBRUARY 21 — I read with much interest the article entitled, “BNM says ringgit’s slide doesn’t reflect economic strength amid currency polemic” (February 20, 2024). Of national concern is the ringgit depreciation (RM4.885 against US$1) to its weakest level since the Asian financial crisis in 1998. Following the United Nations’ COP28 recent approval of a … Read more
Johor police are investigating a scam using a fake letter of undertaking to conduct foreign exchange of US dollars to Malaysian using the name of Tunku Mahkota of Johor (TMJ).
SOUTH KOREA will strengthen its monitoring system against crypto currency related phishing websites amid the recent surge in prices of virtual money. © New Straits Times Press (M) Bhd
