Ringgit Extends Downward Trend As Dollar Holds Firm


 


KUALA LUMPUR: The ringgit extended its downward trend as the dollar remained elevated while market players await the release of the US first-quarter (Q1) gross domestic product (GDP) data later today, as well as the March Personal Consumption Expenditures (PCE) data tomorrow.
At 9am, the ringgit eased to 4.7825/4.7870 against the greenback from Wednesday’s closing of 4.7765/4.7780.
Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the US economy in the Q1 is estimated to grow 2.4% quarter-on-quarter from 3.4% previously.

“So far, the US economy has been quite resilient and markets have shrugged off the dip in the US Purchasing Managers’ Index (PMI) index for the manufacturing sector in April.
“As such, the ringgit would remain soft ahead of the incoming US data points today and tomorrow,” he added.
He noted that the US Dollar Index (DXY) has continued to appreciate against major currencies, including the Japanese yen where it had surpassed 155 yen per greenback for the first time in three decades, which may prompt direct intervention by authorities to stem the decline.
Meanwhile, the ringgit was traded mostly lower against a basket of major currencies.
It rose vis-a-vis the Japanese yen to 3.0779/3.0810 from 3.0830/3.0840 at Wednesday’s close but depreciated versus the British pound to 5.9600/5.9656 from 5.9362/5.9381 and slid against the euro to 5.1187/5.1235 from 5.1046/5.1062 previously.
It was also traded mixed against Asean currencies.
The local currency appreciated versus the Thai baht to 12.8835/12.8995 against 12.9004/12.9097 from yesterday’s close and was better versus the Philippines’ peso at 8.29/8.31 from 8.30/8.31 on Wednesday.
However, it slid against the Singapore dollar to 3.5122/3.5157 from 3.5090/5104 and was slightly weaker vis-a-vis the Indonesian rupiah to 295.9/296.4 from 295.6/295.9 previously. - FMT


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

http://malaysiansmustknowthetruth.blogspot.com/2024/04/ringgit-extends-downward-trend-as.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 Higher As Us Dollar Index Declines

Ringgit Closes Higher As Us Dollar Index Declines

papar berkaitan - pada 19/4/2024 - jumlah : 534 hits
KUALA LUMPUR The ringgit continued to close higher versus the US dollar today in tandem with the 0 1 decline in the US Dollar Index to 105 845 points said an analyst Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said concerns ...
Ringgit Closes Lower On Firmer Us Dollar Index

Ringgit Closes Lower On Firmer Us Dollar Index

papar berkaitan - pada 25/4/2024 - jumlah : 392 hits
KUALA LUMPUR The ringgit closed marginally lower today on a firmer US Dollar Index despite the sluggish US Manufacturing Purchasing Managers Index data yesterday Bank Muamalat Malaysia Bhd chief economist Afzanizam Abdul Rashid said the mar...
Ringgit Opens Easier Vs Dollar Amid Middle East Conflict

Ringgit Opens Easier Vs Dollar Amid Middle East Conflict

papar berkaitan - pada 15/4/2024 - jumlah : 340 hits
KUALA LUMPUR The ringgit opened slightly lower against the US dollar on Monday as the greenback s appeal as a safe haven currency had strengthened amidst the current development in the Middle East conflict said an analyst At 9 am the local ...
Court Extends Remand For Klia Shooting Case Suspect By Five Days

Court Extends Remand For Klia Shooting Case Suspect By Five Days

papar berkaitan - pada 22/4/2024 - jumlah : 187 hits
The suspect in the shooting case at KLIA is seen being brought to the Magistrate s Court in Kota Baru April 22 2024 Bernama picKOTA BARU April 22 The remand period for the suspect in the shooting case at the Arrivals Hall Kuala Lumpur Inter...
Ringgit Slips On Higher Than Expected Us Inflation Data

Ringgit Slips On Higher Than Expected Us Inflation Data

papar berkaitan - pada 13/4/2024 - jumlah : 271 hits
KUALA LUMPUR The ringgit ended easier against the US dollar today as the greenback strengthened following higher than expected US inflation data Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said a sticky US inflation rate see...
Govt Extends Teacher S Training Degree To Stpm Holders Others

Govt Extends Teacher S Training Degree To Stpm Holders Others

papar berkaitan - pada 13/4/2024 - jumlah : 199 hits
The education ministry is hopeful that this initiative will provide opportunities for more candidates interested in becoming teachers to apply for admission to the degree programme KUALA LUMPUR The education ministry will extend the intake ...
Ustazah Tegur Trend Alamak Raya Berlumba Tunjuk Gedik Siapa Paling Jadi

Ustazah Tegur Trend Alamak Raya Berlumba Tunjuk Gedik Siapa Paling Jadi

papar berkaitan - pada 21/4/2024 - jumlah : 189 hits
SUASANA raya bagaikan tidak lengkap sekiranya ahli keluarga dan sanak saudara yang berkumpul tidak melakukan aktiviti bersama sama Seiring perubahan zaman aktiviti yang dilakukan masyarakat tanpa mengira batas usia adalah mengikut trend ter...
Sime Darby Plantation Stands Firm On Banning Livestock Grazing

Sime Darby Plantation Stands Firm On Banning Livestock Grazing

papar berkaitan - pada 27/4/2024 - jumlah : 338 hits
Sime Darby Plantations is standing firm on its decision against the demand of 150 farmers to allow their livestock to graze on its land The plantation giant told Malaysiakini that the decision was based on several factors including safety c...
Pn Talks Of Gov T Change After Kkb Azmin Holds Back On Revelations Against Ph

Pn Talks Of Gov T Change After Kkb Azmin Holds Back On Revelations Against Ph

papar berkaitan - pada 27/4/2024 - jumlah : 367 hits
CANDIDATES from the unity government and Perikatan Nasional arrived at the Kuala Kubu Bharu State Legislative Assembly by election nomination centre for the nomination day It will be a three way fight with DAP Pang Sock Tao who is also the ...
Bersatu Pahang Aman Dan Damai Abdul Khalib Nafi Laporan Sebuah Portal Yang Mendakwa Beliau Mahu Sertai Pas

Vietnam Tutup Lapangan Terbang Siap Sedia Hadapi Taufan Bualoi

Rahsia Nasi Kekal Segar Dari Pagi Hingga Malam

Lunch Dengan Ikan Puput Goreng

Budi95 Ternyata Menjimatkan Terima Kasih Kerajaan Warga Atm

Cuba Pilih Mana Daun Sirih

Cuepacs Calls For Safety Audit On Schools After Boy Falls Into Sewer Pit

Jemput Trump Waktu Terbaik Bincang Isu Negara Bergolak Tegaskan Pendirian Malaysia Fahmi


echo '';
Info Dan Sinopsis Drama Berepisod Dendam Seorang Madu Slot Tiara Astro Prima

10 Fakta Biodata Amira Othman Yang Digosip Dengan Fattah Amin Penyanyi Lagu Bila Nak Kahwin

5 Tips Macam Mana Nak Ajak Orang Kita Suka Dating Dengan Kita

Info Dan Sinopsis Drama Berepisod Keluarga Itu Slot Lestary TV3

Bolehkah Manusia Transgender Mencapai Klimaks Selepas Bertukar


Terbang Dari Pulau Pinang Ke Kunming Dengan Pesawat China Southern Airlines

10 Cara Mengurangkan Kerugian Banjir Untuk Rumah

Hoya Malaysia Menegaskan Misi Pengesanan Awal Myopia Melalui Kempen A Million Visions

Sabronzo Kahwin Di Bali Sah Bergelar Isteri Dj Dash Berlin

Week Number 39 52

Kod Bahasa Yang Selalu Digunakan Oleh Doktor