The TVB star says she ate the cuisine so much while filming in the country last year to the point her staff found it 'unbelievable'.
KUALA LUMPUR: The ringgit strengthened against the US dollar at the close on Tuesday, in line with other regional currencies as market participants awaited the release of the US consumer price index report tomorrow.
At 6 pm, the local note bounced to 4.3400/3445 versus the greenback from yesterday’s close of 4.3700/3745. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the recent downward revision of past US non-farm payroll data suggests that the US labour market is softening while crude oil prices have been on a lower trajectory."In that sense, the disinflationary trend should remain intact, paving the way for the eventual rate cut next week,” he told Bernama.
In addition, he said the key question now of whether the US Federal Reserve would opt for a 50 basis points or 25 basis points cut would depend on how severe the demand slowdown is."For now, the ringgit should be in a healthy trend given the possibility of a US rate cut which could narrow the gap between the Fed funds rate and the overnight policy rate,” he added.It rose versus the euro to 4.7909/7959 from 4.8310/8360 at Monday’s close, perked up against the British pound to 5.
Ringgit US Dollar US CPI Mohd Afzanizam Abdul Rashid Federal Reserve Regional Currencies
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