Day: July 12, 2024

FSS urges banks to preemptively curb household debts

A senior official of the Financial Supervisory Service (FSS) on Friday called for banks to preemptively curb household debts.

Lee Joon-soo, FSS senior deputy governor for banks and nonbanks, made the call in a luncheon with the chairs of the boards …

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RINGGIT GAINS GROUND VS USD AMIDST IMPROVED SENTIMENT

The ringgit continued to appreciate against the US dollar today, backed by improved sentiments and demand for the local note, analysts said.

At 6 pm, the ringgit traded firmer at 4.6700/6730 against the US dollar from Thursday’s close of 4.6855/6895…

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