Ringgit Closes Higher Taking Cue From Bursa S Gains


 



KUALA LUMPUR: The ringgit extended its rally against the US dollar for the third consecutive day on the back of spillover effects from foreign investors’ interest in the local bourse, said an economist.“We have seen foreign investors recording net purchases totalling RM1.2 billion from Aug 1 to Aug 27.

This suggests that foreign investors have a strong interest in Malaysia’s capital markets, effectively creating a higher demand for the ringgit, Bank Muamalat Malaysia Bhd chief economist Afzanizam Abdul Rashid told Bernama.
Bursa Malaysia extended its rally today, with the key index closing near a 45-month high at 1,675.24 from yesterday’s close of 1,652.29, fuelled by a surge in sentiment within the financial sector, underpinned by the robust quarterly earnings reports from key players.
Afzanizam said the US dollar/ringgit pair is expected to test its immediate support level of RM4.3000 in the near term, in light of the possible cut in the US benchmark interest rates in September.

Furthermore, the revision in the country’s rating for Malaysia by the global investment banks would also lure more investors from abroad to acquire Malaysia’s financial assets, he added.
At 6pm, the ringgit advanced to 4.3425/4.3460 against the greenback versus yesterday’s close of 4.3460/4.3500.
The ringgit was mostly higher at the close against a basket of major currencies.
The local currency eased slightly against the Japanese yen to 3.0096/3.0122 from 3.0006/3.0035 yesterday but rose against the euro to 4.8362/4.8401 from 4.8532/4.8576 and gained against the British pound to 5.7425/5.7472 from 5.7511/5.7564.
At the same time, the local note traded lower against Asean currencies.
The ringgit edged down against the Singapore dollar to 3.3337/3.3367 from yesterday’s 3.3331/3.3364 and fell against the Indonesian rupiah to 281.5/281.9 from 280.4/280.8.
It also fell vis-a-vis the Thai baht to 12.7709/12.7865 against 12.7523/12.7712 at yesterday’s close and was unchanged against the Philippine peso at 7.72/7.73. - FMT


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://malaysiansmustknowthetruth.blogspot.com/2024/08/ringgit-closes-higher-taking-cue-from.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
Ringgit Starts Higher On Greenback Selling Activity

Ringgit Starts Higher On Greenback Selling Activity

papar berkaitan - pada 4/9/2024 - jumlah : 79 hits
KUALA LUMPUR The ringgit opened slightly higher versus the US dollar today following some selling activities in the greenback said an analyst At 8am the local currency was marginally higher at 4 3600 4 3715 versus the greenback from Tuesday...
Ringgit Closes Lower Amid Cautious Sentiment

Ringgit Closes Lower Amid Cautious Sentiment

papar berkaitan - pada 4/9/2024 - jumlah : 146 hits
KUALA LUMPUR The ringgit extended its decline to close lower against the US dollar today weighed down by cautious sentiment and subdued demand an analyst said Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the ringgit also...
The New Galaxy Z Fold6 Or Z Flip6 Yours From Rm2 944 Only

The New Galaxy Z Fold6 Or Z Flip6 Yours From Rm2 944 Only

papar berkaitan - pada 22/8/2024 - jumlah : 124 hits
Take advantage of Galaxy AI with the new Galaxy Z Fold6 and Z Flip6 These devices can be yours today with this incredible trade in promotion 2 Trade in Galaxy Z Fold6 from Galaxy Z Flip6 from Galaxy Z Fold3 256GB RM5 209 RM2 909 512GB RM5 0...
How To Avoid Common Tax Mistakes Advice From Professional Cpas

How To Avoid Common Tax Mistakes Advice From Professional Cpas

papar berkaitan - pada 20/8/2024 - jumlah : 103 hits
In the complicated financial world that we live in managing your business or personal finances can be quite difficult Accounting partners are essential to aid you in understanding the ever changing tax regulations as well as business and th...
Just Right An Elegant Honda Cb350 Caf Racer From Taiwan

Just Right An Elegant Honda Cb350 Caf Racer From Taiwan

papar berkaitan - pada 23/8/2024 - jumlah : 152 hits
By day Shawn Lin creates concept art for the gaming industry a space where fantasy and science fiction reign supreme But the motorcycle he rides in the real world is cut from a different cloth While Shawn s designs are edgy and futuristic h...
Mps Are Special But They Should Still Convert From Pension To Epf

Mps Are Special But They Should Still Convert From Pension To Epf

papar berkaitan - pada 21/8/2024 - jumlah : 114 hits
From Lee Hwok AunAre MPs special That question was posed to a panel of MPs and academics at a recent closed door forum The enquirer a former civil servant proceeded to challenge Parliament for exempting MPs from the pension reform proposed ...
Friday Notes From The Quran The Word Arsh

Friday Notes From The Quran The Word Arsh

papar berkaitan - pada 24/8/2024 - jumlah : 96 hits
Non Muslims can skip this posting But if you want to understand how idle minds with too much free time argue about nothing then you can read this It is not too plodding For Christians there is one Bible reference today For this Friday lets ...
Here S How To Get Better Service From Govt Servants

Here S How To Get Better Service From Govt Servants

papar berkaitan - pada 26/8/2024 - jumlah : 98 hits
Government employees are getting a big pay rise Good for them The prime minister expects better performance from them Good for him We welcome the stern words from the premier public servant himself Following that some government departments...
Beli Rumah Lebih Jimat Dengan Kempen Hartanah Bumiputera Matrix

Tattoos Raised And Itchy

Bersatu Man Demands Dnb Exit Strategy For U Mobile

Khutbah Jumat Jumadil Awal Tangis Ibnu Rawahah Jelang Perang Mu Tah

Tattoos Portland Maine

Bertolak Ansurlah

Kisah Adv 160 Pengajaran Dari Bateri Lemah

Haram Guna Dan Jual Vape Dewan Pemuda Pas Pahang Zahir Sokongan Penuh Terhadap Titah Sultan


echo '';
Senarai Lagu Tugasan Konsert Minggu 1 Gegar Vaganza 2024 Musim 11

Info Dan Sinopsis Drama Berepisod Dhia Kasyrani Slot Akasia TV3

Biodata Terkini Reshmonu Peserta Gegar Vaganza 2024 Musim 11 GV11 Penyanyi Lagu Hey Waley

Gegar Vaganza 2024 GV 11 Hadiah Tiket Peserta Juri Format Pemarkahan Dan Segala Info Tonton Live Di Astro Ria Dan Sooka

6 Janji Donald Trump Kalau Dia Naik Jadi Presiden Semula


Mixology Vape S Commitment To Quality Crafting The Best Vape Flavours Nz

Pensyarah Didakwa Hina Nabi Jawi Turut Buka Siasatan

Murid Buktikan Pada Guru Lembu Makan Martabak

The Difference In The Concept Of Illicit Relationship Between Muslims And Non Muslims

Tiada Masalah Pas Ketuai Pn Tapi Bincang Dulu Kata Pemimpin Bersatu

Cek Pertama Dari Google Adsense