Trending News: Over 1K families in Manila evacuate as ‘Kristine’ dumps rainsP2-B MSME recovery loan ready for ‘Kristine’-hit bizDSWD extends cash aid to family of drowning victim in Mt. ProvincePangasinan serves 1.3K household evacueesCebu City assures enough supply of ‘lechon’P133-M worth of medical aid sent to ‘Kristine’-hit areas: DOHCebu City cemeteries impose ‘no alcoholic drinks, no sound’ ruleVillanueva says colleagues Dela Rosa, Go vital in drug war probeP8-M aid extended to ‘Kristine’ victims in W. VisayasBanks maintain lending standards in Q3Australia reaffirms support as PH beefs up territorial securityUnprogrammed funds may be tapped for relief ops: DBMNew CFO chair takes oathDSWD mobile command center in Naga coordinates disaster responseMeralco restores power to 206K customersBicol cops deploy water desalination equipment to ‘Kristine’-hit areasTaiwan schools offer scholarships, job opportunities for IlonggosDA chief orders delivery of more NFA rice to ‘Kristine’-hit LGUsPBBM orders continuous rescue, relief ops in Kristine-hit areasNGCP deploys 1K line crews to restore transmission linesKey shelter agency declares moratorium for ‘Kristine’ victimsPAF plane carrying rescue personnel, equipment arrives in AlbayOCD studies Bondoc Peninsula route for fuel transport to BicolPBBM sympathizes with ‘Kristine victims; hails ‘first responders’ LGUsDOJ, US reaffirm commitment to strengthen capacities of PH prosecutorsArmy rescues 150 stranded families in CamSurACT-CIS donates rice, cash aid to ‘Kristine’ victims in BicolNDRRMC: ‘Kristine’ death toll rises to 13PBBM to local execs: ‘Real’ change attainable with your helpDPWH: 51 road sections cleared, 32 still closed to trafficDSWD boosts aid to families hit by ‘Kristine’ in CaragaLRT-1 operations limited FridayArmy mourns soldier’s death during storm in SamarDPWH upgrades road leading to Dumangas RoRo port in IloiloDBM OKs earlier release of gov’t workers’ yearend bonus, cash giftEastern Visayas hospital to increase bed capacity to 1.5KViewing parties set for 45th MassKara Festival arena dance highlightsIloilo City gov’t calls for shortened work hours due to ‘Kristine’Negros Occidental reaffirms commitment to protect important wetlandsRice, veggie seeds ready for distribution to Kristine-affected farmersTMP to donate P5-M for ‘Kristine’ victims, 5 ambulancesPBA to donate Governors finals Game 1 earnings to ‘Kristine’ victimsWB launches new strategy to boost economic opportunities for womenDOT assists stranded tourists due to ‘Kristine’DSWD distributes P56.5-M food aid to storm-hit families in BicolThai Premier apologizes for deaths of 78 Muslims in Tak Bai massacre‘Kristine’ accelerates outside PAR; ‘Leon’ now a tropical stormAirports provide aid, shelter to ‘Kristine’-hit communitiesNIA sells 1K bags of P29 per kilo rice in Negros OccidentalGSIS opens emergency loans for ‘Kristine’-hit areasPSEi rebounds; peso-dollar trading resumes on Friday‘Kristine’ maintains strength as it accelerates over seaZaragosa wins shortened Negros Occidental Challenge Classic golf13K security personnel to patrol Davao cemeteries for ‘Undas’PH, US discuss maritime cooperation, SCS challengesAsian Senior Beach Volleyball kicks off Nov. 5 at NuvaliDSWD-CAR continues to augment local government relief suppliesGlobe restores services in 7 storm-hit provincesCamSur evacuees assured of immediate delivery of potable water – DSWDSenator: Ensure safety, well-being of children in typhoon-hit areasDSWD releases P25-M aid to Eastern Visayas storm victimsDevastated Pangasinan city under state of calamityIM Bersamina stuns GM Quizon in Isabela National OpenManila archdiocese to hold 2nd collection for storm victimsManila LGU deploys contingent, rescue assets to Naga CityAir Force deploys helicopters for Bicol relief opsDSWD provides aid to 300 evacuees in La Union townPCG rescues 142K passengers stranded by ‘Kristine’Indian national survives ambush in Maguindanao SurBatangas deploys mobile kitchen, distributes meds to typhoon victimsComelec to voters: Scrutinize list of party-list nominees3 dams continue to release waterCargo vessel runs aground in Cebu townPSEi falls below 7,300 markE. Visayas sends responders to aid storm-hit BicolElectronics exports to rebound in 2025: SEIPI31 NPA rebels surrender in Davao de OroIloilo City lays down guidelines for UndasP2.34-M aid released to ‘Kristine’-affected families in W. VisayasDSWD readies 110.7K food, non-food items for augmentation to IlocosDavao region is PH’s top durian producerDepEd chief optimistic on benefits of AI for quality educationEscudero: PBBM to sign CREATE MORE Nov. 11PBBM: Gov’t doing best to help Bicol, mitigate ‘Kristine’s’ impactNNIC addresses water interruption at NAIA Terminal 1Gov’t work, classes in Luzon suspended Friday due to ‘Kristine’Public safety assured in Buglasan Fest amid stormy weatherDA readies over P80-M agri aid in ‘Kristine’-hit areas364 families evacuate in Ilocos Norte due to ‘Kristine’Bicol police logs 21 dead, 9 injured due to ‘Kristine’Slow food education center eyed in Bacolod CityCalabarzon cops intensify rescue, relief as 9K families evacuateRanking NPA leader in Southern Tagalog falls in QCLa Union provides food, non-food items to 1,398 evacuees2 missing in ‘Kristine’-triggered flashflood in Negros OrientalDSWD strategy program assures swift disaster responsePublic assured of measured, gradual dam water releaseDSWD sends relief to 2,882 typhoon victims in CordilleraGov’t provides P30.2-M aid to ‘Kristine’-affected families in BicolDOH distributes hygiene kits, meds to ‘Kristine’ victims
Sun. Oct 27th, 2024
Trending News: Over 1K families in Manila evacuate as ‘Kristine’ dumps rainsP2-B MSME recovery loan ready for ‘Kristine’-hit bizDSWD extends cash aid to family of drowning victim in Mt. ProvincePangasinan serves 1.3K household evacueesCebu City assures enough supply of ‘lechon’P133-M worth of medical aid sent to ‘Kristine’-hit areas: DOHCebu City cemeteries impose ‘no alcoholic drinks, no sound’ ruleVillanueva says colleagues Dela Rosa, Go vital in drug war probeP8-M aid extended to ‘Kristine’ victims in W. VisayasBanks maintain lending standards in Q3Australia reaffirms support as PH beefs up territorial securityUnprogrammed funds may be tapped for relief ops: DBMNew CFO chair takes oathDSWD mobile command center in Naga coordinates disaster responseMeralco restores power to 206K customersBicol cops deploy water desalination equipment to ‘Kristine’-hit areasTaiwan schools offer scholarships, job opportunities for IlonggosDA chief orders delivery of more NFA rice to ‘Kristine’-hit LGUsPBBM orders continuous rescue, relief ops in Kristine-hit areasNGCP deploys 1K line crews to restore transmission linesKey shelter agency declares moratorium for ‘Kristine’ victimsPAF plane carrying rescue personnel, equipment arrives in AlbayOCD studies Bondoc Peninsula route for fuel transport to BicolPBBM sympathizes with ‘Kristine victims; hails ‘first responders’ LGUsDOJ, US reaffirm commitment to strengthen capacities of PH prosecutorsArmy rescues 150 stranded families in CamSurACT-CIS donates rice, cash aid to ‘Kristine’ victims in BicolNDRRMC: ‘Kristine’ death toll rises to 13PBBM to local execs: ‘Real’ change attainable with your helpDPWH: 51 road sections cleared, 32 still closed to trafficDSWD boosts aid to families hit by ‘Kristine’ in CaragaLRT-1 operations limited FridayArmy mourns soldier’s death during storm in SamarDPWH upgrades road leading to Dumangas RoRo port in IloiloDBM OKs earlier release of gov’t workers’ yearend bonus, cash giftEastern Visayas hospital to increase bed capacity to 1.5KViewing parties set for 45th MassKara Festival arena dance highlightsIloilo City gov’t calls for shortened work hours due to ‘Kristine’Negros Occidental reaffirms commitment to protect important wetlandsRice, veggie seeds ready for distribution to Kristine-affected farmersTMP to donate P5-M for ‘Kristine’ victims, 5 ambulancesPBA to donate Governors finals Game 1 earnings to ‘Kristine’ victimsWB launches new strategy to boost economic opportunities for womenDOT assists stranded tourists due to ‘Kristine’DSWD distributes P56.5-M food aid to storm-hit families in BicolThai Premier apologizes for deaths of 78 Muslims in Tak Bai massacre‘Kristine’ accelerates outside PAR; ‘Leon’ now a tropical stormAirports provide aid, shelter to ‘Kristine’-hit communitiesNIA sells 1K bags of P29 per kilo rice in Negros OccidentalGSIS opens emergency loans for ‘Kristine’-hit areasPSEi rebounds; peso-dollar trading resumes on Friday‘Kristine’ maintains strength as it accelerates over seaZaragosa wins shortened Negros Occidental Challenge Classic golf13K security personnel to patrol Davao cemeteries for ‘Undas’PH, US discuss maritime cooperation, SCS challengesAsian Senior Beach Volleyball kicks off Nov. 5 at NuvaliDSWD-CAR continues to augment local government relief suppliesGlobe restores services in 7 storm-hit provincesCamSur evacuees assured of immediate delivery of potable water – DSWDSenator: Ensure safety, well-being of children in typhoon-hit areasDSWD releases P25-M aid to Eastern Visayas storm victimsDevastated Pangasinan city under state of calamityIM Bersamina stuns GM Quizon in Isabela National OpenManila archdiocese to hold 2nd collection for storm victimsManila LGU deploys contingent, rescue assets to Naga CityAir Force deploys helicopters for Bicol relief opsDSWD provides aid to 300 evacuees in La Union townPCG rescues 142K passengers stranded by ‘Kristine’Indian national survives ambush in Maguindanao SurBatangas deploys mobile kitchen, distributes meds to typhoon victimsComelec to voters: Scrutinize list of party-list nominees3 dams continue to release waterCargo vessel runs aground in Cebu townPSEi falls below 7,300 markE. Visayas sends responders to aid storm-hit BicolElectronics exports to rebound in 2025: SEIPI31 NPA rebels surrender in Davao de OroIloilo City lays down guidelines for UndasP2.34-M aid released to ‘Kristine’-affected families in W. VisayasDSWD readies 110.7K food, non-food items for augmentation to IlocosDavao region is PH’s top durian producerDepEd chief optimistic on benefits of AI for quality educationEscudero: PBBM to sign CREATE MORE Nov. 11PBBM: Gov’t doing best to help Bicol, mitigate ‘Kristine’s’ impactNNIC addresses water interruption at NAIA Terminal 1Gov’t work, classes in Luzon suspended Friday due to ‘Kristine’Public safety assured in Buglasan Fest amid stormy weatherDA readies over P80-M agri aid in ‘Kristine’-hit areas364 families evacuate in Ilocos Norte due to ‘Kristine’Bicol police logs 21 dead, 9 injured due to ‘Kristine’Slow food education center eyed in Bacolod CityCalabarzon cops intensify rescue, relief as 9K families evacuateRanking NPA leader in Southern Tagalog falls in QCLa Union provides food, non-food items to 1,398 evacuees2 missing in ‘Kristine’-triggered flashflood in Negros OrientalDSWD strategy program assures swift disaster responsePublic assured of measured, gradual dam water releaseDSWD sends relief to 2,882 typhoon victims in CordilleraGov’t provides P30.2-M aid to ‘Kristine’-affected families in BicolDOH distributes hygiene kits, meds to ‘Kristine’ victims
Sun. Oct 27th, 2024

Malaysian Ringgit Opens Lower Against Greenback Ahead Of Midweek Us Interest Rate Decision

The ringgit opened lower against the US dollar Monday on cautious sentiment ahead of the US Federal Open Market Committee (FOMC) meeting on June 13 and 14.

At 9.08 am, the local note was traded at 4.6155/6185 against the greenback compared with Friday’s closing of 4.6115/6160.

Bank Muamalat Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid said the market consensus has estimated that the US Federal Reserve (Fed) might keep the Fed Funds Rate unchanged at 5.25 per cent.

Prior to the meeting, the US inflation rate for May will be released with the headline Consumer Price Index (CPI) expected to moderate to 4.2 per cent in May from 4.9 per cent in the previous month while core CPI is anticipated to increase to 5.6 per cent from 5.5 per cent in April.

“Given the elevated levels of the inflation rate, market participants are cautious and by extension, the US dollar-ringgit pair would continue to range around the RM4.61 level today.

“While the Fed might pause, the key question now is what is their latest assessment on the US economy given pockets of data points that are showing softening trend going forward. I think that is what’s bothering the market as this meeting would be deemed a transitory pause,” Mohd Afzanizam told Bernama.

Meanwhile, the ringgit traded mostly lower against a basket of major currencies.

It fell versus the British pound to 5.8035/8073 from 5.7819/7875 at Friday’s closing, eased against the Japanese yen to 3.3110/3131 from 3.3022/3059 but appreciated vis-a-vis the euro to 4.9584/9617 from 4.9611/9659 previously.

The ringgit also traded mostly lower against other Asean currencies.

It decreased against the Singapore dollar to 3.4354/4379 from 3.4294/4330 on Friday, went down versus the Thai baht to 13.3303/3452 from 13.3196/3376 and weakened marginally against the Indonesian rupiah to 310.9/311.3 from 310.6/311.2.

The local currency was flat against the Philippine peso at 8.23/8.25 versus 8.23/8.24 previously.

Source: Nam News Network

    • malaysiang

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