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.
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:
Россия Последние новости, Россия Последние новости
Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей
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.
Источник: staronline - 🏆 4. / 75 Прочитайте больше »
Ministry of Finance: TCM practitioners exempted from 8pc service taxPUTRAJAYA, Feb 19 — Traditional and complementary medicine (TCM) practitioners who are registered under the T&CM Act 2016 [Act 775] will be exempted from the eight per cent...
Источник: malaymail - 🏆 1. / 86 Прочитайте больше »
Sales and services tax hike not expected to cause sharp price increases, says Finance MinistryThe sales and services tax (SST) hike is not expected to cause sharp price increases that would lead to an economic shock, says the Finance Ministry. The statement also noted the 2% increase would affect discretionary activities and business-to-business services, while key essential services such as food and beverage, telecommunications, parking and logistics are exempt. Meanwhile starting March 1, electricity users over 600kWh will be affected by the sales and services tax (SST) hike from 6% to 8% among other services. The increased SST is set to generate an additional RM3bil revenue, said the Finance Ministry.
Источник: staronline - 🏆 4. / 75 Прочитайте больше »
Finance Ministry's Fiscal Survey book shows GST a better system than SST, says Dr WeeLAWYER Khaliq Mehtab Mohd Ishaq confessed to being quite taken aback by the green wave that marked the 2022 general election.
Источник: staronline - 🏆 4. / 75 Прочитайте больше »