Malaysia's ringgit was on a tear on Thursday among emerging Asian currencies, while share markets rose, with investors cheering a possible end to the U.S. Federal Reserve's restrictive policy settings in September.Others such as the Taiwan dollar and the South Korean won traded up to 0.3% higher, while the Thai baht was flat, reversing earlier gains.
The Federal Reserve held interest rates steady overnight but kept the doors open for a cut in September, provided the U.S. economy"follows its expected path". The Philippines is likely to kick off the rate-cutting cycle, followed by South Korea, India and Taiwan.
المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين
Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.
مصدر: malaymail - 🏆 1. / 86 اقرأ أكثر »