Malaysia says 2023 economic growth to be lower than 2022
Wednesday, September 21, 2022
© Reuters. Workers work at a construction site, amid the coronavirus disease (COVID-19) pandemic, in Kuala Lumpur, Malaysia September 27, 2021. REUTERS/Lim Huey Teng KUALA LUMPUR (Reuters) - Malaysia's economy will grow at a slower pace in 2023 compared to this year, finance minister Tengku Zafrul Aziz said in a statement on Wednesday.
Zafrul cited slowing global growth, rising commodity and food prices, U.S.-China tensions and China's strict COVID-19 containment measures that were affecting supply chains.
Malaysia had earlier forecast its economy would grow 5.3% to 6.3% this year, with the central bank saying last month that it could be in the upper end of the range.
Zafrul also said growth in the fourth quarter of this year will be more challenging.
He reiterated that Malaysia had no plans to peg the ringgit currency to the U.S. dollar amid a drop in value.
The Malaysian ringgit has dropped nearly 9% this year and hit a 24-year low this week.
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04-10-2023 06:55:02 (UTC+7)
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| EUR/USD | 1.0468 | Neutral | |||
| GBP/USD | 1.2078 | Sell | |||
| USD/JPY | 149.18 | Buy | |||
| AUD/USD | 0.6308 | Sell | |||
| USD/CAD | 1.3710 | ↑ Buy | |||
| EUR/JPY | 156.17 | Neutral | |||
| EUR/CHF | 0.9642 | ↑ Buy |
| Gold | 1,838.70 | ↑ Sell | |||
| Silver | 21.383 | Neutral | |||
| Copper | 3.6160 | ↑ Sell | |||
| Crude Oil WTI | 89.42 | Neutral | |||
| Brent Oil | 91.10 | ↑ Buy | |||
| Natural Gas | 2.944 | ↑ Buy | |||
| US Coffee C | 148.80 | ↑ Buy |
| Euro Stoxx 50 | 4,095.45 | Neutral | |||
| S&P 500 | 4,229.45 | ↑ Buy | |||
| DAX | 15,085.21 | ↑ Sell | |||
| FTSE 100 | 7,470.16 | ↑ Sell | |||
| Hang Seng | 17,276.00 | ↑ Buy | |||
| Small Cap 2000 | 1,724.80 | Neutral | |||
| IBEX 35 | 9,165.50 | ↑ Sell |
| BASF | 41.760 | ↑ Buy | |||
| Bayer | 43.88 | Buy | |||
| Allianz | 220.95 | ↑ Buy | |||
| Adidas | 160.72 | ↑ Buy | |||
| Lufthansa | 7.247 | Buy | |||
| Siemens AG | 133.10 | Neutral | |||
| Deutsche Bank AG | 9.931 | ↑ Buy |
| Mua/Bán 1 chỉ SJC # So hôm qua # Chênh TG | |
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| Cập nhật 04-10-2023 06:55:05 | |
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| RON 95-III | 24.840 | 25.330 |
| E5 RON 92-II | 23.500 | 23.970 |
| DO 0.05S | 23.590 | 24.060 |
| DO 0,001S-V | 24.450 | 24.930 |
| Dầu hỏa 2-K | 23.810 | 24.280 |
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| WTI | $88.35 | +6.34 | 0.08% |
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| $ Tỷ giá Vietcombank | ||
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| GBP | 28.671,87 | 29.892,56 |
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| Cập nhật lúc 06:53:23 04/10/2023 Xem bảng tỷ giá hối đoái | ||
