Head Topics

Ringgit eases further versus firmer dollar at close | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Ringgit eases further versus firmer dollar at close

The greenback continues to stay firm ahead the Federal Reserve meeting next week, which is widely expected to raise interest rates by a further 25 basis points. – The Malaysian Insight file pic, July 21, 2023.

At 6pm, the local note stood at 4.5600/5655 against the greenback compared with 4.5400/5465 at yesterday’s close. Bank Muamalat Malaysia Bhd chief economist and social finance head Mohd Afzanizam Abdul Rashid said the ringgit was seen weaker towards the end of the session to 4.5623 after experiencing a steep appreciation since last week.

Meanwhile, the ringgit was traded mostly higher against a basket of major currencies at today’s close.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ringgit easier v dollar on yuan weakness | The Malaysian InsightHowever, analyst says decline in Treasury yield and easing inflation in US are positive signs.
Source: msianinsight - 🏆 8. / 63 Read more »

Ringgit ditutup rendah berbanding dolar AS | The Malaysian InsightPada 6 petang, unit tempatan itu berada pada paras 4.5400/5465 berbanding dolar AS.
Source: msianinsight - 🏆 8. / 63 Read more »

Ringgit opens lower as dollar strengthens | The Malaysian InsightLocal note slips to 4.5520/5555 against the greenback.
Source: msianinsight - 🏆 8. / 63 Read more »

More than 700 sentenced to jail over French riots | The Malaysian InsightJustice minister says it was essential to re-establish national order.
Source: msianinsight - 🏆 8. / 63 Read more »

Amanah mahu tanding kerusi Parlimen Kuala Terengganu, DUN Bandar | The Malaysian InsightSetiausahanya Muzahar Hitam berkata rundingan agihan kerusi antara Barisan Nasional diterajui Umno dan Pakatan Harapan dalam fasa akhir perbincangan.
Source: msianinsight - 🏆 8. / 63 Read more »

AG denies selective prosecution of opposition | The Malaysian InsightHe says all decisions to charge individuals are based on evidence.
Source: msianinsight - 🏆 8. / 63 Read more »