Finance Ministry: Ringgit's decline driven by stronger US dollar, China uncertainty

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پاکستان خبریں خبریں

پاکستان تازہ ترین خبریں,پاکستان عنوانات

(Reuters) - Fenerbahce will consider withdrawing from the Turkish top flight after some of their players were attacked by Trabzonspor fans following their weekend away win, the Super Lig club said on Monday.

KUALA LUMPUR: The recent depreciation of the ringgit was largely driven by the strengthening of the United States dollar and the uncertainty of China’s economic growth, says the Finance Ministry.

"Since March 2022, the US central bank has raised interest rates aggressively by 525 basis points from 0.25% to a range of 5.25 to 5.50% compared to Malaysia’s overnight policy rate which was only raised by 125 basis points from 1.75 per cent to 3.00%. The ministry was responding to Datuk Siti Zailah Mohd Yusoff who asked for an explanation regarding the depreciation of the ringgit and the impact on the country.

 

آپ کے تبصرے کا شکریہ۔ آپ کا تبصرہ جائزہ لینے کے بعد شائع کیا جائے گا۔
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ:

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پاکستان تازہ ترین خبریں, پاکستان عنوانات

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Adopt 'Malaysia First' attitude to strengthen ringgit, says Finance Ministry(Reuters) - Fenerbahce will consider withdrawing from the Turkish top flight after some of their players were attacked by Trabzonspor fans following their weekend away win, the Super Lig club said on Monday.
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