Selasa, 7 September 2010

RM - Ringgit climbs to 13 - year high

Ringgit climbs to 13-year high


The currency strengthened for a fourth day and benchmark stock indexes rose across Asia after a US government report showed private payrolls increased 67,000 in August, more than the 40,000 forecast in a survey of economists.


Malaysia's trade ministry last week reported a 13.5 per cent gain in July exports, an eighth straight advance.

"The market is getting back its confidence, especially if the US comes out with more fiscal or monetary stimulus," said Godwin Chan, a foreign-exchange trader at OSK Investment Bank Bhd. in Kuala Lumpur.


Tiada ulasan:

Catat Ulasan