Ringgit ends lower versus US dollar amid risk-off mode | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 86%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

KUALA LUMPUR, Jan 24 — The ringgit ended lower versus the US dollar today as investors await the outcome from the United States (US) Federal Open Market Committee (FOMC) meeting later this week. Risk appetites waned on the expectation that the FOMC would take a more aggressive stance on policy...

KUALA LUMPUR, Jan 24 — The ringgit ended lower versus the US dollar today as investors await the outcome from the United States Federal Open Market Committee meeting later this week.

At 6pm, the local note eased to 4.1870/1905 versus the greenback from 4.1840/1870 at the close last Friday. “Based on the interest rate futures contract, the Federal Reserve is almost 100 per cent sure to raise the benchmark interest rate during its meeting in March.

 

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:

 /  🏆 1. 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 opens flat against US dollar on wait-and-see mode | Malay MailKUALA LUMPUR, Jan 24 — The ringgit opened flat against the US dollar today as investors opted for a wait-and-see attitude on the latest economic assessment by the US Federal Open Market Committee (FOMC) meeting, an analyst said. At 9am, the local note stood at 4.1840/1875 versus the greenback...
Source: malaymail - 🏆 1. / 86 Read more »

US orders departure of its diplomats’ families from Kyiv | Malay MailWASHINGTON, Jan 24 — The United States has ordered the families of its diplomats in the Ukrainian capital Kyiv to leave the country “due to the continued threat of Russian military action,” the State Department said Sunday. Washington has also authorized the “voluntary” departure of its...
Source: malaymail - 🏆 1. / 86 Read more »

Bank Negara international reserves at US$116.2b as at Jan 14 | Malay MailKUALA LUMPUR, Jan 24 — Bank Negara Malaysia’s (BNM) international reserves stood at US$116.2 billion as at Jan 14, 2022. “The reserves position is sufficient to finance 7.4 months of retained imports and is 1.2 times total short-term external debt,” the central bank said in a statement. BNM...
Source: malaymail - 🏆 1. / 86 Read more »

The first demonstration of Wi-Fi 7 has left us breathless | Malay MailJAN 23 — Wi-Fi 7 will offer speeds that are 2.4 times faster than Wi-Fi 6 and will reduce latency by transmitting the signal over more bands, thus avoiding interference. According to MediaTek, Wi-Fi 7 could simply replace the traditional wired Ethernet connection for good and become the nerve...
Source: malaymail - 🏆 1. / 86 Read more »

Lab monkeys escape after US road crash, one on the loose | Malay MailWASHINGTON, Jan 23 — The crash in Pennsylvania of a truck transporting 100 monkeys to a laboratory allowed four of them to escape, triggering a search by police who warned the public not to approach the animals. The vehicle collided with a dump truck near Danville, Pennsylvania on Friday... Caeser!!! I think, it wants to target Zuraida for her criticism about his brother, org utan. Zuraida, beware. Go hide. Hail caesar
Source: malaymail - 🏆 1. / 86 Read more »

Why Microsoft spends US$69bil for video gamesMicrosoft wants a bigger slice of an industry that entertains 3.25 billion people around the globe, players who spend US$180bil (RM753bil) a year video games.
Source: staronline - 🏆 4. / 75 Read more »