Ringgit Slides Against Greenback On Growing Uncertainties


 
KUALA LUMPUR: The ringgit was traded slightly lower against the US dollar in the early session today due to escalating market uncertainties, according to an economist.
At 9 am, the local note inched down to 4.4270/4310 versus the greenback compared with last Friday’s closing rate of 4.4250/4305.
Bank Muamalat Malaysia Bhd chief economist and social finance Dr Mohd Afzanizam Abdul Rashid said the International Monetary Fund (IMF) chief, Kristalina Georgieva indicated that the risks of financial instability have increased.
He added that such remarks came on the heel of more banks being on the radar, the most recent one being the Deutsche Bank due to its plunging share prices.
"The investing community is still confounded by the conflicting signals from the authorities.
"Consequently, the market uncertainties have become elevated and therefore, I am not surprised if the risk-off mode prevails this week," he told Bernama.
As such, Mohd Afzanizam foresees that the ringgit would move in a tight range between RM4.42 and RM4.43 today.
Meanwhile, the ringgit was traded mostly lower against a basket of major currencies.
The local note fell vis-a-vis the euro to 4.7635/7678 from 4.7476/7535 at last Friday’s close and depreciated against the British pound to 5.4142/4191 from 5.4034/4101 previously.
However, it appreciated against the Japanese yen to 3.3848/3881 from 3.4099/4144 last week.
At the same time, the ringgit was traded mixed against Asean currencies.
The local currency declined against the Indonesian rupiah to 292.1/292.5 from 291.90/292.50 last Friday and slipped against the Singapore dollar to 3.3218/3253 from 3.3178/3225 previously.
However, the local note strengthened against the Thai baht to 12.9252/9421 from 12.9610/9835 and improved vis-a-vis the Philippine peso to 8.14/8.15 from 8.15/8.16 previously. - Bernama


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

http://malaysiansmustknowthetruth.blogspot.com/2023/03/ringgit-slides-against-greenback-on.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 Does Poorly Against A Weakened Greenback

Ringgit Does Poorly Against A Weakened Greenback

papar berkaitan - pada 24/3/2023 - jumlah : 200 hits
KUALA LUMPUR Investors took advantage of a weaker US dollar in early trade today leading to a poor start for the ringgit At 9 30am the local note inched down to 4 4220 4 4260 versus the greenback compared with yesterday s closing rate of 4 ...
Ringgit Closes Lower Versus Greenback On Profit Taking

Ringgit Closes Lower Versus Greenback On Profit Taking

papar berkaitan - pada 30/3/2023 - jumlah : 266 hits
KUALA LUMPUR The ringgit weakened against the US dollar at the close of trading today due to some profit taking given the rapid pace in the appreciation of the local note said an analyst At 6pm the local note was traded easier to 4 4155 4 4...
Ringgit Rebounds To End Higher Versus Greenback

Ringgit Rebounds To End Higher Versus Greenback

papar berkaitan - pada 18/3/2023 - jumlah : 277 hits
PETALING JAYA The ringgit rebounded from yesterday s losses to end higher against the US dollar today driven by improving sentiment after concerns over a global banking crisis eased said an analyst At 6pm the local currency rose to 4 4850 4...
Ringgit Extends Gains On The Greenback

Ringgit Extends Gains On The Greenback

papar berkaitan - pada 15/3/2023 - jumlah : 284 hits
KUALA LUMPUR The riggit took advantage of a declining inflation trend and anticipation of softer interest rate hikes in the US to start the day ahead of the greenback The local currency rose from yesterday s close of 4 4820 4 4860 to begin ...
Ringgit Ends Marginally Higher Against Us Dollar

Ringgit Ends Marginally Higher Against Us Dollar

papar berkaitan - pada 21/3/2023 - jumlah : 504 hits
KUALA LUMPUR The ringgit was traded in a tight range against the US dollar today as market participants were cautious about the Federal Open Market Committee meeting on March 21 22 said an economist At 6 pm the local note rose marginally to...
Hassan Backs Pm S Warning To Provocateurs Cautions Against Dr M Tactics

Hassan Backs Pm S Warning To Provocateurs Cautions Against Dr M Tactics

papar berkaitan - pada 20/3/2023 - jumlah : 211 hits
PKR lawmaker Hassan Karim has backed Prime Minister Anwar Ibrahim in taking a stern stance against those fanning racial and religious tensions He said such action was wise to preserve the peace Anwar s advice is very apt for the government ...
Bersatu Lodges Report Against Anwar Zahid Claims Muhyiddin Defamed

Bersatu Lodges Report Against Anwar Zahid Claims Muhyiddin Defamed

papar berkaitan - pada 18/3/2023 - jumlah : 331 hits
SHAH ALAM Bersatu has lodged a police report against Datuk Seri Anwar Ibrahim and Datuk Seri Dr Ahmad Zahid Hamidi claiming that they had defamed party president Tan Sri Muhyiddin Yassin When contacted Shah Alam OCPD Asst Comm Mohd Iqbal Ib...
Accused Of Going Against Quran Pkr Queries Hadi S Stand On Constitution

Accused Of Going Against Quran Pkr Queries Hadi S Stand On Constitution

papar berkaitan - pada 20/3/2023 - jumlah : 203 hits
PKR has criticised PAS president Abdul Hadi Awang who accused the former of going against the Quran and defending the traditions of the colonialist in separating politics from religion and the monarchy In a statement today PKR religious dep...
Act Against Those Fanning Racial Religious Sentiments Govt Told

Act Against Those Fanning Racial Religious Sentiments Govt Told

papar berkaitan - pada 22/3/2023 - jumlah : 228 hits
Prime Minister Anwar Ibrahim has instructed the authorities to watch out for any attempt to fan the flames of hatred among Malaysians PETALING JAYA An academic has called for strict application of available laws to protect the government fr...
Susu Snek Padu Buat Hari Lebih Gembira

Cemburu Dengan Hasil Usaha Orang Lain

Not By Accident

Pn Dan Pas Nak Halang Apa Yang Mereka Dah Luluskan

Isu Petronas Dan Buang Pekerja

Tips Menang Di Gudangtoto

Why Terpene Purity Is The Unsung Hero In Premium Cannabis Products

Agen Mesin Laundry Pontianak Berikan Layanan Pendampingan Dan Purna Jual Ke Para Pelanggan


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


Degradable Wooden Food Box Antara Gaya Alam Sekitar Dan Profesionalisme

Air Asam Perut Lembu

Bukan Tak Nak Cakap Melayu Tapi Memang Mak Bapak Aku Tak Ada Darah Melayu Nak Buat Macam Mana Ameera Khan

Baru Saya Faham Kenapa Orang Merentan Pasal Pak Mat Western Individu Kongsi Pengalaman Tak Best Ketika Ke Restoran Pmw

Penunggang Motosikal Maut Langgar Tembok Batu Tercampak Sebelum Jatuh Parit

Daqmie Korbankanlah Chord