Ringgit Closes Lower In Tandem With Regional Currencies


 

KUALA LUMPUR: The ringgit ended lower against the US dollar today in tandem with most regional currencies as the US Federal Reserve (Fed) is likely to maintain its restrictive stance on interest rates for a protracted period.However, the local note traded higher versus other major currencies today.
Bank Muamalat Malaysia Bhd chief economist Afzanizam Abdul Rashid said regional currencies were mostly weaker against the greenback as the latest US consumer price index (CPI) print for January was higher than expected.
“This suggests that the Fed is not going to ease their monetary policy very soon as they are not convinced that their 2% inflation target can be achieved in the near term.
“On that note, the ringgit is expected to remain weak, and it will put the US dollar in a sweet spot as the demand for the greenback is anticipated to be strong,” he told Bernama.
The economist said that at the prevailing level, the current resistant level stands at RM4.7958 while the support level is located at RM4.6611.
At 6pm, the ringgit stood at 4.7845/4.7885 against the US dollar compared with yesterday’s close of 4.7600/4.7665.
At the close, the local note appreciated vis-a-vis the Japanese yen to 3.1757/3.1786 from 3.1827/3.1872 previously, strengthened against the British pound to 5.9983/6.0033 from 6.0243/6.0325 and rose versus the euro to 5.1185/5.1227 from 5.1256/5.1326.
Meanwhile, the ringgit mostly traded lower versus other Asean currencies but rose against the Thai baht to 13.2366/13.2535 from 13.3240/13.3478 at yesterday’s close.
The local note fell against the Philippine peso to 8.52/8.54 from 8.50/8.52 yesterday, was lower versus the Singapore dollar at 3.5441/3.5473 compared to 3.5377/3.5428 and slipped against the Indonesian rupiah to 306.5/307 from 305/305.6 previously. - FMT


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

http://malaysiansmustknowthetruth.blogspot.com/2024/02/ringgit-closes-lower-in-tandem-with.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 Closes 0 31 Lower As Interest Rate Worries Prevail

Ringgit Closes 0 31 Lower As Interest Rate Worries Prevail

papar berkaitan - pada 6/2/2024 - jumlah : 215 hits
KUALA LUMPUR The ringgit slipped further against the US dollar as the greenback stayed firm on expectation of a higher for longer interest rate stance in the US Federal Reserve chair Jerome Powell s comments on late Sunday reaffirmed the st...
Ringgit Closes Lower Against Us Dollar

Ringgit Closes Lower Against Us Dollar

papar berkaitan - pada 9/2/2024 - jumlah : 214 hits
The ringgit closed lower against the US dollar today as the greenback stayed firm amid fading hopes of an early US rate cut as well as China s disappointing economic data Picture by Miera ZulyanaKUALA LUMPUR Feb 8 The ringgit closed lower a...
Ringgit Closes Lower On Lack Of Buying Demand

Ringgit Closes Lower On Lack Of Buying Demand

papar berkaitan - pada 19/2/2024 - jumlah : 206 hits
KUALA LUMPUR The ringgit ended lower against the US dollar today on lack of buying demand amid cautious trading ahead of the release of the US Federal Open Market Committee meeting minutes this week said an economist Bank Muamalat Malaysia ...
Ringgit Closes Almost Flat Amid Subdued Demand

Ringgit Closes Almost Flat Amid Subdued Demand

papar berkaitan - pada 13/2/2024 - jumlah : 185 hits
KUALA LUMPUR The ringgit ended almost unchanged against the US dollar today amid subdued demand as the US Dollar Index maintained its high levels an economist said Bank Muamalat Malaysia Bhd chief economist Afzanizam Abdul Rashid said regio...
Ringgit Closes Higher Ahead Of Q4 Gdp Announcement

Ringgit Closes Higher Ahead Of Q4 Gdp Announcement

papar berkaitan - pada 15/2/2024 - jumlah : 259 hits
KUALA LUMPUR The ringgit rebounded to close higher against the US dollar ahead of the fourth quarter 2023 gross domestic product announcement tomorrow said an analyst SPI Asset Management managing director Stephen Innes said the ringgit als...
Ringgit Closes Weaker As The Greenback Stayed Resilient

Ringgit Closes Weaker As The Greenback Stayed Resilient

papar berkaitan - pada 5/2/2024 - jumlah : 169 hits
KUALA LUMPUR The ringgit closed weaker against the US dollar as the greenback stayed resilient increasing its appeal as a safe haven currency on escalating geopolitical tensions the Federal Reserve s hawkish remark as well as positive US ec...
Ringgit Closes Slightly Higher Despite A Stronger Greenback

Ringgit Closes Slightly Higher Despite A Stronger Greenback

papar berkaitan - pada 21/2/2024 - jumlah : 330 hits
KUALA LUMPUR The ringgit ended slightly higher against the US dollar today although the greenback had strengthened as investors focused on the release of the US Federal Open Market Committee s meeting minutes an economist said Bank Muamalat...
Malaysia Is Getting Back To Politics As Usual With Najib S Pardon

Malaysia Is Getting Back To Politics As Usual With Najib S Pardon

papar berkaitan - pada 8/2/2024 - jumlah : 273 hits
The clemency seems shocking but it s a result of Malaysia s tangled and back scratching politics Joseph Rachman Foreign Policy Malaysia s pardons board the prison sentence of disgraced former Prime Minister Najib Razak who was convicted in ...
Pn Must Discuss With Bersih Before Joining Protest On Najib S Pardon Hamzah

Pn Must Discuss With Bersih Before Joining Protest On Najib S Pardon Hamzah

papar berkaitan - pada 8/2/2024 - jumlah : 142 hits
Perikatan Nasional secretary general Hamzah Zainudin said his coalition has not been invited by Bersih to join its protests against convicted former prime minister Najib Abdul Razak s pardon PN and Bersih cannot simply cooperate on this one...
Rasa Masakan Korea Soondubu Jigae Beef Di Dubuyo

China S President To Host Official Dinner For Anwar

Drama One Cent Thief 2 Lakonan Syafiq Kyle Azira Shafinaz

I Bought A Toy Like Vape Online Mp Tells Dewan Chamber

Tip Mudah Santan Berketul Jadi Elok Semula Letak Sehelai Daun Ini Saja

Unlocking Savings Expert Tips For Finding Discounted Cigarettes In Australia

Kips Bay Decorator Show House Dallas 2024 An Exquisite Showcase Of Design

India Secebis Kenangan Di India Random Photos


echo '';
Biodata Terkini Penyanyi Illa Sabry Peserta Gegar Vaganza 2024 Musim 11 GV11

Info Dan Sinopsis Drama Berepisod Senyawa iQIYI Malaysia

Info Dan Sinopsis Drama Berepisod Project Projek Exit Astro Originals

Pelajari Asal Usul Nama Makhluk Seram Kisah Fiksyen Barat Yang Terkenal

10 Fakta Filem Kahar Kapla High Council Yang Ramai Tak Tahu Prekuel Drama Project Projek High Council


Tanam Cili Dari Biji Benih Cili Di Dapur

Empat Sekawan Dipenjara Tiga Tahun Culik Budak Perempuan

Sub Varian Sars Cov 2 Xec 4 November 2024 Africa Cdc

Kkr Aktifkan Bilik Gerakan Bencana Hadapi Monsun Timur Laut

Tan Sri Vincent Tan Dan U Mobile

Cinta Itu Indah Tetapi Duit Lebih Berkuasa