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RABAT Kendell Beckwith Black Jersey , Sept. 23 (Xinhua) -- Moroccan authorities have arrested four people with suspected links to the Islamic State (IS) group, local media reported on Saturday.
Citing security official, the daily Al Ahdath Al Maghribia said the suspects were arrested in the southern cities of Marrakech, Sidi Bennour, Dakhla after intelligence tips.
The same source said that the arrested are suspected of propagating IS extremist ideology and recruiting young people to join IS ranks in Syria and Iraq.
Extremist books and audiovisual materials linked to IS ideology were seized in one of the suspects house in Marrakech, it added.
According to the same source, the suspects are under investigation, adding that the suspicion of their involvement in the same cell is not ruled out.
According to Moroccan authorities, security services have busted around 50 terrorist cells, including over 40 with links to IS group, since 2015.
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File photo shows an aircraft of Chinese air force carrying out a training to take part in the "Shaheen VI" joint training exercises. The air forces of China and Pakistan began joint training exercises in China on Sept. 7, 2017 and it will run until Sept. 27. (XinhuaLiu Chang)
File photo shows an aircraft of Chinese air force carrying out a training to take part in the "Shaheen VI" joint training exercises. The air forces of China and Pakistan began joint training exercises in China on Sept. 7, 2017 and it will run until Sept. 27. (XinhuaLiu Chang) File photo shows part of Chinese pilots to take part in the "Shaheen VI" joint training exercises. The air forces of China and Pakistan began joint training exercises in China on Sept. 7, 2017 and it will run until Sept. 27. (XinhuaZhou Shiyu) An aircraft of Pakistani air force arrives at a Chinese airport to take part in the "Shaheen VI" joint training exercises in China, Sept. 7, 2017. The air forces of China and Pakistan began joint training exercises in China on Thursday and it will run until Sept. 27. (XinhuaLiu Chang) An early warning aircraft of Pakistani air force arrives at a Chinese airport to take part in the "Shaheen VI" joint training exercises in China, Sept. 7, 2017. The air forces of China and Pakistan began joint training exercises in China on Thursday and it will run until Sept. 27. (XinhuaLiu Chang) File photo shows aircrafts of Chinese air force carrying out a training to take part in the "Shaheen VI" joint training exercises. The air forces of China and Pakistan began joint training exercises in China on Sept. 7, 2017 and it will run until Sept. 27. (Xinhua)
KUALA LUMPUR, Sept. 8 (Xinhua) -- The Malaysian ringgit which surged to a fresh near 10-month high against the dollar may continue to trend higher, said economists.
Affin Hwang Capital said in a report on Friday that it expects the ringgit continue to appreciate gradually against the U.S. dollars, strengthening to 4.10 by the end of this year.
"We believe that the Malaysian central bank's measure on exports proceeds, as well as trade surpluses, will continue to support the ringgit," the research house added.
The Malaysian central bank has required exporters to convert 75 percent of their total foreign currency into ringgit since December last year.
According to Bloomberg data, the ringgit has appreciated 6.55 percent to 4.18 against the U.S. dollar.
On Thursday, the Malaysian central bank maintained the country's interest rate at 3 percent, noting the ringgit had strengthened to better reflect the country's economic fundamentals.
AmBank Research said in a report Friday that it expected ringgit to stay firm with its fair value of 4.12 to 4.15 against the U.S. dollar.
"We saw the Malaysian central bank remain upbeat on the Malaysia's growth prospects and confident over a moderate inflation outlook in the second half," it said.
Public Investment Bank Research also opined that the measured pace of U.S. policy adjustment suggests that ringgit may not experience too much volatility going forward.
In any case, the U.S. Federal Reserve may leave Federal Funds rate unchanged for the remaining part of the year due to tepid inflation, it said.
Besides, the Malaysia central bank's rising foreign exchange reserve levels to above 100 billion U.S. dollars as of Aug. 30 suggests that it would have sufficient ammunition to keep ringgit movements at an orderly pace.
"All this suggests that ringgit may not experience much drastic movement in the near term," the research house said.
However, BMI Research, a unit of Fitch Group, saw tensions persist in the run up to key anniversaries in the Democratic People's Republic of Korea (DPRK) when the country typically launches missiles, which could have negative spillover effects on the ringgit
It expected the Malaysian central bank to continue to focus on maintaining currency stability in the face of external volatility.
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