SINGAPORE: Two foreign men who broke into landed properties in the Buona Vista and Holland areas have each been sentenced to 15 months' jail.
KUALA LUMPUR: The ringgit ended higher against the US dollar, buoyed by the apparent ceasefire in the Israel - Iran conflict, said an economist.Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the de-escalation also led benchmark Brent crude oil prices to retreat to US$69.56 per barrel as risks to global oil supply appear contained for now."Still, it’s early days.
On the domestic front, Mohd Afzanizam said Malaysia’s latest consumer price index reading of 1.2 per cent reinforces the view that monetary policy remains tight, with real interest rates rising further. "In summary, market sentiment may stay guarded in the short term, while policymakers are likely to remain vigilant in balancing growth and stability,” he added.It trended lower against the Japanese yen at 2.9256/9296 from 2.9028/9074 at Monday’s close, declined versus the British pound to 5.7707/7782 from 5.7437/7524, but improved against the euro to 4.9225/9289 from 4.9236/9311 previously.It advanced vis-a-vis the Indonesian rupiah to 259.3/259.7 from 260.2/260.
The ringgit also appreciated against the Singapore dollar to 3.3130/3178 from 3.3188/3243 and strengthened to 12.9793/13.0021 from 12.9998/13.0250 versus the Thai baht previously. - BernamaMatrade champions benchmarking initiative in Kedah
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