Finance Ministry: Ringgit remains competitive, Malaysia’s inflation in check despite uncertainty, headwinds from global geopolitics | Malay Mail

KUALA LUMPUR, April 23 — The Ministry of Finance said the ringgit has remained competitive, with inflation in check, despite headwinds from global geopolitical tensions and uncertainties.

“The prospect of a more aggressive monetary tightening by the US Federal Reserve, with a 50-basis point rate hike expected in May, as well as the overall weakening of currencies in the region, are some of the factors that have influenced the recent movement in the ringgit,” it said. In terms of inflation, the finance ministry said the price control policies imposed by the government, as well as subsidies allocated for the RON95 petroleum and various food items, will protect the people from any implications of further inflationary pressures.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

UK’s Johnson says under-fire Sunak to remain finance minister | Malay MailNEW DELHI, April 22 — British Prime Minister Boris Johnson gave his backing to his under-fire finance minister Rishi Sunak, saying he will remain in his job as the country’s second most powerful politician after the next cabinet reshuffle expected later this year. Sunak, once seen as a...
출처: malaymail - 🏆 1. / 86 더 많은 것을 읽으십시오 »