KUALA LUMPUR: The ringgit has continued to strengthen against the US dollar, hitting a 28-month high versus the greenback after the United States (US) Federal Reserve (Fed) kept to its words and delivered a 50-basis points interest rate cut last night, an analyst said.
BANGKOK: Tropical storm Soulik over central Vietnam is forecast to bring isolated heavy to very heavy rain to several parts of Thailand for the next five days, the Thai Meteorological Department said on Thursday .
The storm is moving west at 30km/hr and will make landfall over central Vietnam later on Thursday. Its influence will cause isolated downpours in Thailand’s North, Northeast, East, South, and Central regions including metropolitan Bangkok, the department said. The department added that from Thursday to Sunday, the strong southwest monsoon prevailing over the Andaman Sea, the South and the Gulf of Thailand will bring isolated downpours to the South.
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