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Prices of items such as palm oil, cooking oil, petrol, flour, bread, rice and other essentials have been kept under market prices to keep cost of living low. [61] As of 2022, government expenditure on subsidies stood at RM70.3 billion (US$15.96 billion), with fuel alone taking up RM52 billion (US$11.8 billion) or 74% of total subsidies.
Currency ISO 4217 code Symbol or Abbrev. [2]Proportion of daily volume Change (2019–2022) April 2019 April 2022 U.S. dollar: USD $, US$ 88.3%: 88.5%: 0.2pp Euro
The currency's value fell from an average of 3.20 MYR/USD in mid-2014 to around 3.70 MYR/USD by early 2015; with China being Malaysia's largest trading partner, a Chinese stock market crash in June 2015 triggered another plunge in value for the ringgit, which reached levels unseen since 1998 at lows of 4.43 MYR/USD in September 2015, before ...
US Dollar Index and major financial events. The U.S. Dollar Index (USDX, DXY, DX, or, informally, the "Dixie") is an index (or measure) of the value of the United States dollar relative to a basket of foreign currencies, [1] often referred to as a basket of U.S. trade partners' currencies. [2]
WASHINGTON (Reuters) -U.S. officials are communicating with people in Syria to seek information about Austin Tice, an American journalist captured there more than 12 years ago, White House ...
Few medications have fascinated the public like GLP-1 receptor agonists, a class of drugs that includes Ozempic and Wegovy. Research shows that these medications can cause significant weight loss ...
Croatian authorities arrested an Austrian national on suspicion of trying to smuggle a corpse, after he was stopped at a border crossing with a dead woman riding in his car's passenger seat ...
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market.The currency that is used as the reference is called the counter currency, quote currency, or currency [1] and the currency that is quoted in relation is called the base currency or transaction currency.