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CIMB Group's CEO, Novan Amirudin, expresses optimism regarding the ongoing strength of the Malaysian ringgit, indicating a positive outlook for the currency's performance.

Bearish sentiment on the yen is increasing as the Bank of Japan's interest rate hike failed to boost the currency, suggesting a structural weakness that may not be easily addressed.

The Malaysian ringgit is nearing a four-year high due to a strengthening economy and easing global trade tensions, attracting offshore investors to local debt.

Russia's oil and gas revenues are expected to decline by 35% in November due to a drop in crude prices and a strengthened local currency, impacting the country's budget.

The South Korean won has strengthened to its highest level since November, following interventions by policymakers aimed at countering its recent depreciation.

The Chinese yuan has strengthened beyond the key level of 7 per dollar, driven by expectations that the People's Bank of China will support a gradual appreciation to enhance market confidence.

The US dollar has weakened against major currencies, with the euro and British pound experiencing gains.

The Thai baht is experiencing its biggest annual gain against the US dollar in eight years, despite Thailand's economic challenges, including sluggish tourism and high household debt.

The Indian Rupee has emerged as Asia's worst-performing currency in 2025 due to trade policy uncertainty and capital outflows, setting a rocky start for 2026.

Cuba has devalued its currency, the peso, in an attempt to stabilize its economy, which is facing challenges due to US sanctions, regional ally crackdowns, and revenue losses.

Russia's oil and gas revenues are expected to plummet by 50% in December, reaching a five-year low due to falling oil prices and a strengthening Russian currency.

The Japanese yen has strengthened against the dollar following reports that the Bank of Japan may raise interest rates this month, contingent on stable economic conditions.