Ringgit Maintains Strength Against Us Dollar Amid Tariff Shock


 The local note rises to 4.2100/4.2410 on US fiscal deficit concerns from tax cut measures.
KUALA LUMPUR: The ringgit continued to strengthen against the US dollar at opening today, driven by tariff shocks that are expected to negatively impact the US economy, said an analyst
At 8.04am, the local note rose to 4.2100/4.2410 versus the greenback from Friday’s close of 4.2285/4.2345.
Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the recent tax cut legislation passed by the US House of Representatives is expected to widen the fiscal deficit and increase government debt levels.
“The sovereign rating downgrade by Moody’s Ratings, which occurred prior to the legislation’s approval, has pushed US Treasury yields higher, with 30-year bonds exceeding the 5.0% mark, making borrowing more expensive.
“As a result, markets are now at a critical crossroads, as the US dollar, traditionally seen as a safe-haven currency, is having that status revisited,” he noted.
As such, the ringgit is expected to remain positive in light of the weak US dollar, he added.
Afzanizam said the current US$/RM support and resistance levels are at 4.0942 and 4.2624, respectively.
“Assuming the ringgit strengthens by a further 0.5% this week, the US$/RM pair could settle around 4.2103, within a range of 4.22 to 4.23,” he said.
At the opening, the ringgit traded higher against a basket of major currencies and Asean currencies.
It appreciated against the British pound to 5.7016/5.7436 from 5.7072/5.7153 at Friday’s close, gained vis-à-vis the euro to 4.7918/4.8271 from 4.7985/4.8053, and rose against the Japanese yen to 2.9490/2.9709 from 2.9502/2.9546.
Against regional peers, the ringgit improved against the Singapore dollar to 3.2775/3.3022 from 3.2891/3.2940 last Friday, and strengthened against the Thai baht to 12.9173/13.0252 from 12.9744/13.0012 previously.
The local note also rose vis-à-vis the Philippine peso to 7.61/7.68 from 7.65/7.66, and increased against the Indonesian rupiah to 259.6/261.5 from 260.7/261.1 previously. - FMT


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

http://malaysiansmustknowthetruth.blogspot.com/2025/05/ringgit-maintains-strength-against-us.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 Rises Against Us Dollar As Market Sentiment Improves

Ringgit Rises Against Us Dollar As Market Sentiment Improves

papar berkaitan - pada 13/5/2025 - jumlah : 160 hits
The local note inches up to 4 2950 4 3170 on positive developments in US China tariff negotiations KUALA LUMPUR The ringgit opened slightly higher against the US dollar today supported by positive sentiment from the US China diplomatic nego...
Ringgit Gains On Weaker Us Economic Outlook Tariff Concerns

Ringgit Gains On Weaker Us Economic Outlook Tariff Concerns

papar berkaitan - pada 21/5/2025 - jumlah : 113 hits
The local currency climbs to 4 2790 4 2960 amid ongoing uncertainty over prices and financial growth KUALA LUMPUR The ringgit opened stronger against the US dollar on Wednesday as the greenback weakened on a softer US economic outlook amid ...
The Doctrine Of Sindoor India S Red Line Against Terror

The Doctrine Of Sindoor India S Red Line Against Terror

papar berkaitan - pada 16/5/2025 - jumlah : 253 hits
ON the evening of May 10 a hush fell over the battlefield For the first time in almost a week the borders between India and Pakistan experienced a semblance of tranquillity following one of the most intense and devastating confrontations in...
Perikatan Rubbishes Claim 10 Of Its Mps Switching Sides Calls For Proof Amid Defection Rumours

Perikatan Rubbishes Claim 10 Of Its Mps Switching Sides Calls For Proof Amid Defection Rumours

papar berkaitan - pada 2/6/2025 - jumlah : 108 hits
Perikatan Nasional chief whip Datuk Seri Takiyuddin Hassan has asked for proof over allegations that 10 of its MPs are swtiching sides to back the government Picture by Miera ZulyanaKOTA BARU June 1 Perikatan Nasional has challenged those c...
Focus On Coalition Unity Says Mp Amid Tengku Zafrul Poser

Focus On Coalition Unity Says Mp Amid Tengku Zafrul Poser

papar berkaitan - pada 2/6/2025 - jumlah : 103 hits
Segamat MP R Yuneswaran says PKR should avoid any action that can tarnish trust and stability within the unity government coalition Segamat MP R Yuneswaran said he feared Umno PKR ties would be hampered if Tengku Zafrul Aziz was accepted as...
Siti Kasim Slams Perlis Mufti For Rallying Muslims To Side Pakistan In Military Conflict Against India

Siti Kasim Slams Perlis Mufti For Rallying Muslims To Side Pakistan In Military Conflict Against India

papar berkaitan - pada 13/5/2025 - jumlah : 244 hits
PERLIS Mufti Datuk Dr Mohd Asri Zainul Abidin a k a Dr MAZA should not have blindly meddled in the tensed India Pakistan affairs by urging Malaysian Muslims to back Pakistan simply because it is a Muslim country This is because such action ...
Pkr May Take Disciplinary Action Against Wangsa Maju Chief After Congress

Pkr May Take Disciplinary Action Against Wangsa Maju Chief After Congress

papar berkaitan - pada 15/5/2025 - jumlah : 162 hits
This follows the circulation of a video in which Lai Chen Heng appears to discuss financial matters involving the division A source said any formal action against Wangsa Maju PKR division chief Lai Chen Heng will likely be taken only after ...
Online Debate Sparks Questions Over Anwar S True Persona Amid Ph Rule

Online Debate Sparks Questions Over Anwar S True Persona Amid Ph Rule

papar berkaitan - pada 1/6/2025 - jumlah : 212 hits
A HEATED debate on X has gone viral with netizens questioning whether Pakatan Harapan s time in power has revealed the true character of Prime Minister Datuk Seri Anwar Ibrahim The conversation laced with sharp critiques and sarcasm has div...
Hindu Ngo Wants India High Comm Perlis Ruler To Act Against Dr Maza For Int Defamation Incitement

Hindu Ngo Wants India High Comm Perlis Ruler To Act Against Dr Maza For Int Defamation Incitement

papar berkaitan - pada 15/5/2025 - jumlah : 242 hits
MALAYSIAN NGO Hindu Agamam Ani Malaysia wants the India High Commission in Kuala Lumpur to lodge a report with the police and Home Ministry to kickstart an investigation into the defamatory and inciteful remarks made by Perlis Mufti Dr Mohd...
Alliance Bank Lancar Filem Perniagaan Pertama Malaysia The Ultimate Elevator Pitch

Umno Must Come First Says Mohamad Hasan Amid Talk Of Internal Sabotage

Upsi Bus Crash Survivors To Get Oku Card Says Noraini

Mayat Wanita Ditemui Lebih 200 Km Dari Lokasi Dilaporkan Hilang

Ernie Zakri Nyanyi Dengan Peminat Netizen Terhibur Video

General Service Tax And The Banana Republic Of Confusion

Kekurangan Jururawat Menteri Kkm Dedah Jawatan Ada Tapi Tiada Yang Mahu

Kalendar Islam 2026 Tarikh Penting Bulan Islam Jakim


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


It S The Job Of The Media To Ask Tough Questions Not Just The Ones You Like Redzuan

Bukan Cikgu Saja Ibu Bapa Juga Wajib Prihatin Fasiliti Sekolah

Dari Birmingham Ke Shah Alam Pengalaman Melawat Kilang Cadbury Dairy Milk Malaysia Yang Amat Bermakna

Lirik Lagu Nanti Kita Seperti Ini Batas Senja Hannah Delisha

Petaka Gunung Gede Kisah Benar Di Sebalik Filem Seram 2025

Gerakan Solat Itu Terapi Badan