Section

Weaker US dollar to impact Press Metal

a month ago Economy theborneopost
KUCHING (Oct 3): The US Federal Reserve’s (US Fed) aggressive monetary policy pivot has resulted in the US dollar-ringgit declining 12 per cent since 1 July 2024. This poses a downside risk to Press Metal Aluminium Holdings Bhd (Press Metal) as aluminium trade is predominantly denominated in US dollar. Based on RHB Investment Bank Bhd’s [...] Read more at: theborneopost

Tags : weaker dollar impact press metal

Disclaimer : We make no assurance about the completeness and accuracy of the content of this website. All news on this website is collected from various sources hence information may or may not be true. Bollywood charcha does not verify the reliability of the content published. We do not accept any accountability for loss or damage occurred as a result of reliability on the content of this website.

You May Also Like