Ringgit Rebounds To End Firmer Buoyed By A Softer Greenback

KUALA LUMPUR: The ringgit rebounded to close firmer against the US dollar today, buoyed by a softer greenback amid declines in the US Treasury yields.Bank Muamalat Malaysia Bhd chief economist Afzanizam Abdul Rashid said the ringgit remains well-supported amid worries over the health of the US economy.
“The appreciation of the ringgit was also in tandem with the decline of the US Dollar Index (DXY).

A possible rate hike in the US would narrow the interest rate gap between the Federal Funds Rate and the overnight policy rate, he told Bernama.
Meanwhile, SPI Asset Management managing director Stephen Innes opined that the weakening US dollar is an indicator that its safe-haven appeal was diminishing despite ongoing fragile risk sentiment.

Market sentiment also suggested that the more unsettled the US markets are, the higher the likelihood of the Federal Reserve implementing a 50-basis point cut, which supports the strategy of selling the US dollar, he added.
At 6pm, the ringgit appreciated to 4.4710/4.4750 versus the greenback from yesterday’s close of 4.4950/4.5010.
At the close, the ringgit traded mostly higher against a basket of major currencies.
It strengthened against the British pound to 5.6661/5.6712 from 5.7122/5.7199 at yesterday’s close and gained vis-a-vis the euro to 4.8859/4.8903 from 4.9054/4.9119 previously.
However, it fell against the Japanese yen to 3.0590/3.0619 from 3.0464/3.0509 yesterday.
Meanwhile, the ringgit traded mixed against Asean currencies.
It improved versus the Singapore dollar to 3.3746/3.3779 from 3.3853/3.3901 yesterday and was firmer against the Philippine peso to 7.79/7.81 from 7.81/7.83 previously.
In contrast, the ringgit went down vis-a-vis the Thai baht to 12.6382/12.6545 from 12.5999/12.6230 and slipped against the Indonesian rupiah to 281.2/281.6 from 280.2/280.8. - 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-rebounds-to-end-firmer-buoyed.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 Paling Kuat Pada 4 61

papar berkaitan - pada 31/7/2024 - jumlah : 110 hits
Mata wang tempatan ditutup pada tahap terkuatnya sejak Ogos tahun lalu mencapai 4 61 berbanding dolar pada hari Selasa Penilaian signifikan ini berlaku kerana prospek pemotongan kadar oleh Federal Reserve terus memberatkan dolar AS Dinamik ...

Ringgit Closes Near 7 Month High

papar berkaitan - pada 31/7/2024 - jumlah : 125 hits
KUALA LUMPUR The ringgit s winning streak continued today for the seventh straight day amid greater confidence in the US rate cut decision said an analyst US Federal Reserve chairman Jerome Powell had also indicated that the rate cut could ...

Faktor Utama Matawang Ringgit Malaysia Makin Mengukuh

papar berkaitan - pada 2/8/2024 - jumlah : 255 hits
Awi Awi1 OPR kekal 3 memudahkan perniagaan dalam negara mudah merancang aktiviti mereka Dalam masa yang sama menggalakkan pelabur asing untuk melabur dalam negara kerana kestabilan OPR 2 Inflasi dibawah 3 5 menyebabkan OPR kita boleh kekal ...

Kenapa Ringgit Naik Tapi Pasaran Saham Malaysia Jatuh

papar berkaitan - pada 5/8/2024 - jumlah : 321 hits
First kita kena faham bagaimana asas pasaran modal bergerak Orang yang menggerakkan modal ni ialah pengurus dana So macam mana pengurus dana ni buat keputusan nak letakkan wang mereka di mana Faktor utama adalah resiko So mereka nak letakka...

Ringgit Meningkat

papar berkaitan - pada 30/7/2024 - jumlah : 115 hits
Nazri HamdanPergerakan Ringgit dalam masa sebulan terus menunjukkan pengukuhan pemotongan kadar faedah US hampir pasti berlaku tak lama lagi dengan jangkaan 25 basis point pada hujung tahun Ringgit muncul sebagai best performing currency da...

Ringgit Continues To Appreciate Closes At 4 63 Level

papar berkaitan - pada 30/7/2024 - jumlah : 155 hits
KUALA LUMPUR The ringgit continued to strengthen against the US dollar and closed at the 4 63 level today It also emerged as the best performing currency in the Asian market said an analyst In the Asian market the ringgit gained 0 46 agains...

For Positive Response End Selective Prosecution

papar berkaitan - pada 2/8/2024 - jumlah : 236 hits
In February 2021 in a 6 1 majority decision the Federal Court found Malaysiakini liable for contempt of court over its readers comments and a fine of RM500 000 was imposed The seven person bench chaired by Court of Appeal president Rohana Y...

Vietjet To Receive Up To 10 New Aircraft By Year End

papar berkaitan - pada 12/8/2024 - jumlah : 259 hits
Amidst a global aviation market facing shortages and rising travel demand Vietjet is expected to take delivery of up to 10 brand new aircraft by the end of 2024 This expansion will further bolster the airline s leading modern fleet aligning...

1 Ringgit Berapa Rupiah Faktor Yang Mempengaruhi Implikasinya

papar berkaitan - pada 26/7/2024 - jumlah : 872 hits
1 Ringgit Berapa Rupiah Faktor yang Mempengaruhi Implikasinya Mempunyai pengetahuan tentang kadar tukaran mata wang adalah sangat penting terutamanya bagi mereka yang sering melakukan transaksi antarabangsa atau melancong ke luar negara Sal...