Malaysian Bar tells court it has statutory obligation to uphold cause of justice in bid to challenge AG over Ahmad Zahid’s DNAA in Yayasan Akalbudi case
Receding expectations for a near-term interest cut by the Fed have fed steady dollar gains that have pushed down some Asian currencies such as the Japanese yen and the South Korean won. “We recommend Asian central banks to focus on domestic inflation, and avoid making their policy decisions overly dependent on anticipated moves by the Federal Reserve,” he said.The remarks underscore the dilemma some Asian central banks face as the recent Fed-driven currency market swings complicate their policy path.
Banks Asia US Federal Reserve
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