The NEER and REER page has been updated, as has the Google Docs version.
Summary
September was a turnaround month for the Ringgit. The year on year changes are still negative, but all six indices posted gains on the month, and the best positive performance since May-17. Capital inflows were apparently the main reason. The Broad Nominal index rose 1.26%, while the Broad Real index rose 1.04%.
On a bilateral basis, the Ringgit rose against 14 out of 15 currencies. The biggest gains were against the JPY (+2.66%), the INR (+2.49%), the KRW (+1.86%), the USD (+1.72%), and the PHP (+1.70%). The only drop recorded was against the GBP (-1.22%).
Changelog:
- Indexes have been updated to September 2017
- CPI deflators and forecasts have been updated for August/September 2017
Posts
Looks like the GAP between CADUSD, AUDUSD and MYRUSD has closed , Ringgit will be stuck around 4.2 unless some divergence from mean occurred again . damn.
ReplyDeleteMorning Hishamh,
ReplyDeleteYour thoughts on the 2018 budget, please.
Thank you very much.
BFM breakfast grille, tomorrow morning at 8am
Delete