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By Zufazlin Baharuddin
KUALA LUMPUR, Oct 19 (Bernama) -- The ringgit closed higher against a basket of major currencies on Monday, supported by Malaysia’s latest economic data, although it slipped versus the US dollar.
By Nik Nurfaqih Nik Wil
JAKARTA, Oct 19 (Bernama) -- CIMB Treasury and Market Research expects Bank Indonesia (BI) to raise its benchmark interest rate this week, bringing forward its previous December forecast amid mounting pressure on the rupiah and the risk of further capital outflows following MSCI’s proposed reclassification of Indonesia’s equity market.
