- U.S. jobs report cooled rate hike prospects while the MSCI index tracked Asia-Pacific shares.
- MSCI's Asia ex-Japan index climbed 2.43% as easing U.S. rate hike expectations lifted investor sentiment, benefiting markets like Bursa Malaysia.
The Ringgit strengthened against the Singapore dollar, coinciding with the rise of the MSCI Asia ex-Japan index and the operations of a Malaysian listed company.
1 report, 1 independent
Updated Aug 17
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What happened
The Ringgit strengthened against the Singapore dollar, coinciding with the rise of the MSCI Asia ex-Japan index and the operations of a Malaysian listed company.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Malaysia
country in Southeast Asia
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Singapore
sovereign island country and city-state in maritime Southeast Asia
Related events
- The Malaysian central bank introduced measures to support the ringgit currency as it weakened against the Singapore dollar.
- Singapore operates as a major financial hub.
- Reports detail index allocation footprints and how weighting limits affect cross-border capital inflows in Southeast Asia.
- UP Fintech Holding Limited was listed on the Nasdaq stock exchange on August 17, 2026.
- Fed rate hike renewed global financial concerns, pressuring regional equities, while the Malaysian Ringgit eased against the Singapore dollar.