Malaysian Ringgit (MYR)

QUOTE AND NEWS
Wall Street Journal  Feb 27  Comment 
Malaysia’s national oil-and-gas company, Petroliam Nasional Bhd., or Petronas, said it would cut its investment plans by as much as 30 billion ringgit ($8.3 billion) in the next two years as the company reported its first-ever quarterly loss.
Forbes  Feb 26  Comment 
Oil price crash and ringgit slump hit Malaysian tycoons
Forbes  Feb 25  Comment 
As oil & gas prices slide, fortunes tumble. Hardest hit are the tycoons behind SapuraKencana Petroleum.
Benzinga  Feb 23  Comment 
Shangri-La Hotels (M) Bhd reported an 85% decline in its fourth-quarter net profit. Shangri-La Hotels' quarterly net profit slipped to 10.0 million ringgit ($2.75 million), versus a year-ago profit of 67.8 million ringgit. Shangri-La Hotels...
The Economic Times  Feb 10  Comment 
Regional units held firm although risk sentiment stayed weaker on concerns over Greece potentially withdrawing from the euro.
Financial Times  Feb 4  Comment 
State-run fund pins hopes on deal with billionaire Ananda Krishnan as oil price and ringgit fall
Clusterstock  Jan 28  Comment 
This story appears to have run in The Guardian back in 2012, but the lesson this photo imparts is basically timeless.  As Twitter user @harrysiegel points out, sometimes you have to be careful with currency conversions. What probably happened...




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The chart at left shows the USD/MYR currency pair; the number of Malaysian Ringgit equivalent to 1 U.S. Dollar (USD).

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