Ringgit Flat In Early Trade


 
Malaysia Bank Notes under rubber bandKUALA LUMPUR: The ringgit opened flat against the greenback today due to muted demand as investors await further market catalyst. 
At 9 am, the local currency remained unchanged at 4.7380/7420 versus the US dollar from yesterday's closing of 4.7380/7425.
ActivTrades trader Dyogenes Rodrigues Diniz said market participants are waiting for the release of the United States' (US) nonfarm payrolls data later tonight which has the potential to cause significant moves in the market. 
Earlier on, the US Initial Jobless Claims data for March came in at 221,000, surpassing the forecasted 213,000, resulting in a negative impact on the greenback.
Hence, he said the nonfarm payrolls data is vital to provide direction for the foreign exchange market.
Meanwhile, Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that a risk-off sentiment has taken centre stage, as benchmark equities decline and safe haven US Treasury securities yield lower returns amid escalating concerns over geopolitical conflict in the Middle East.
"The recent increase in crude oil prices warrant a closer scrutiny as geopolitical risks would dominate market sentiments to a point where market players would seek protection in the safe haven currency US dollar.
"On that note, the ringgit versus the US dollar could stay soft, lingering around RM4.74-RM4.75 today," he told Bernama.
At the opening, the ringgit was traded mostly higher against a basket of major currencies except the Japanese yen.
It appreciated against the euro to 5.1365/1408 from 5.1445/1494 at Thursday's close, rose vis-a-vis the British pound to 5.9917/9967 from 6.0002/0059 yesterday, but was lower versus the Japanese yen at  3.1390/1419 from 3.1222/1254 previously. 
Similarly, the ringgit traded mostly higher against ASEAN currencies.
The local note was higher versus the Thai baht at 12.8978/9129 from 12.9048/9223 on Thursday,  improved vis-a-vis the Philippines' peso at 8.38/8.39 from 8.40/8.41 yesterday and rose against the Singapore dollar to 3.5146/5178 from 3.5172/5208 previously.
It was also traded flat against Indonesian rupiah to 298.1/298.4 compared to 298.1/298.5 at yesterday's close. - Bernama


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

http://malaysiansmustknowthetruth.blogspot.com/2024/04/ringgit-flat-in-early-trade.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 Softens Against Us Dollar In Early Trading

Ringgit Softens Against Us Dollar In Early Trading

papar berkaitan - pada 8/4/2024 - jumlah : 133 hits
KUALA LUMPUR The ringgit opened easier against the US dollar on Monday due to continued positive sentiment towards the greenback which was bolstered by US Nonfarm Payroll data that exceeded expectations At 9 01am the local currency weakened...
1mdb Najib Diagnosed With Diarrhoea Trial Ends Early

1mdb Najib Diagnosed With Diarrhoea Trial Ends Early

papar berkaitan - pada 3/4/2024 - jumlah : 113 hits
1MDB TRIAL A medical officer from Kajang prison declared Najib Abdul Razak as unfit to proceed with the RM2 27 billion 1MDB corruption trial today after the accused was diagnosed with diarrhoea As a result the trial at the Kuala Lumpur High...
Speed Read A Ducati Indiana Flat Tracker And More

Speed Read A Ducati Indiana Flat Tracker And More

papar berkaitan - pada 8/4/2024 - jumlah : 289 hits
The most unlikely custom motorcycle tops this week s assortment of machines a Ducati Indiana flat tracker We also profile a Honda Transalp from Bolt Motor Co a cheeky Yamaha XSR155 scrambler and an ex Barry Sheene Suzuki TR750 that s up for...
Malaysia Pakistan Agree To Boost Ties In Trade And Investment Says Anwar

Malaysia Pakistan Agree To Boost Ties In Trade And Investment Says Anwar

papar berkaitan - pada 11/4/2024 - jumlah : 144 hits
Prime Minister Anwar Ibrahim says he and Pakistan s Prime Minister Shehbaz Sharif hope that ties between their countries will strengthen KUALA LUMPUR Malaysia and Pakistan have agreed to explore opportunities to strengthen ties between the ...
Ringgit Eases Ahead Of February S Cpi Release

Ringgit Eases Ahead Of February S Cpi Release

papar berkaitan - pada 25/3/2024 - jumlah : 123 hits
KUALA LUMPUR The ringgit opened slightly lower against the US dollar ahead of the release of February s Consumer Price Index print Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said that consensus estimates Malaysia s inflatio...
Ten Complaints Over Supply Of Packet Cooking Oil In Kedah So Far Says Domestic Trade Ministry

Ten Complaints Over Supply Of Packet Cooking Oil In Kedah So Far Says Domestic Trade Ministry

papar berkaitan - pada 8/4/2024 - jumlah : 180 hits
SUNGAI PETANI The Kedah Domestic Trade and Cost of Living Ministry branch has received 10 complaints regarding the supply of cooking oil for the period between March 12 and Sunday Its director Muhammad Nizam Jamaludin said of this number th...
Domestic Trade Ministry Warns Colek Sellers In Kelantan Against Raising Prices

Domestic Trade Ministry Warns Colek Sellers In Kelantan Against Raising Prices

papar berkaitan - pada 30/3/2024 - jumlah : 637 hits
KOTA BARU March 30 The Ministry of Domestic Trade and Cost of Living Kelantan branch issued a warning to traders selling colek a popular snack in the state normally served during Ramadan not to raise prices arbitrarily Its director Azman Is...
Business Groups Link Up To Boost Trade With New Zealand

Business Groups Link Up To Boost Trade With New Zealand

papar berkaitan - pada 31/3/2024 - jumlah : 184 hits
New Zealand is globally renowned for high quality agricultural products particularly dairy meat and horticultural items says a business association PETALING JAYA A Malaysian business association based in New Zealand is teaming up with its S...
Ringgit Set To Strengthen This Year Says Bnm

Ringgit Set To Strengthen This Year Says Bnm

papar berkaitan - pada 25/3/2024 - jumlah : 268 hits
If the US Federal Reserve is reducing interest rates it means that the US dollar will weaken leading to a strengthening of the ringgit says an economist PETALING JAYA The ringgit is in a good position to strengthen in 2024 propelled by stru...
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