Currencies

Page 95 of 96

  • Malaysian Ringgit Currency - What is MYR?

    The Malaysian ringgit, also known as the Malaysian dollar, is the currency of Malaysia. Regulated by Bank Negara Malaysia (BNM), Malaysia's central bank, the ringgit trades under the symbol RM and the currency code MYR. The ringgit is composed of 100 sen. The History Of The Malaysian Ringgit First Series Of Banknotes/Coins: 1967: BNM began issuing the Malaysian dollar on June 12, 1967, the day that it obtained sole authority…

  • TWD – Taiwan Dollar

    The Taiwan dollar has gained a reputation over the years as a stable currency in the Asian region owing to the country's steady economic management, and open investment and trade policies. It is symbolised by NT$ and has a currency code of TWD. There is currently NT$1.8 trillion in circulation, and a volume of approximately US$24 billion in Taiwan dollars is traded daily on global foreign exchange markets. The currency…

  • Turkish Lira (TRY) Currency

    The Turkish lira has had a long and tumultuous history acting as the official currency of Turkey. Dating back to the inception of its first version, the lira has undergone several major transformations. It's been plagued by stability issues, such as chronic inflation. Over the course of the 20th and early 21st centuries, periodic devaluations have cultivated an impression of instability and volatility. The lira was deemed one of the…

Disclosure

Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.