Sharp, essential news and analysis from Malaysia.
Indonesia's newly appointed Bank Indonesia governor Destry Damayanti must balance President Prabowo's ambitious growth targets with maintaining central bank independence and investor confidence as the rupiah faces persistent depreciation pressures.
Singapore now faces a 12.5% tariff on significant exports to the United States following a Trump administration probe into forced labour violations. The levy affects roughly one-third of the city-state's exports, though certain sectors remain exempt.
The ringgit opened Friday trading stronger against regional currencies but faltered against the US dollar as investors grew cautious over fresh American import tariffs. Economists expect the local currency to remain volatile within RM4.08–RM4.10 against the greenback.