KUALA LUMPUR: The ringgit opened flat versus the US dollar today on the lack of new catalysts, as the greenback regained its traction due to the possibility of risk aversion returning to the markets.
At 9am, the local currency stood at 4.1440/1490 versus the greenback, compared with 4.1440/1480 at Thursday’s close. Nonetheless, he said the initial jobless claims for the week ending Oct 17 fell by 55,000 to 787,000, suggesting that the labour market is still healing from the pandemic shocks. “As such, the ringgit would continue its present trajectory of between RM4.14 and RM4.15 against US dollar in light of the lack of catalysts globally.
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:
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.
US seeks to sway Brazil on Chinese 5G with US$1b deal | Malay MailBRASÍLIA, Oct 21 — The United States promised Brazil US$1 billion (RM4.15 billion) in financing toward US imports yesterday, adding a carrot to its campaign to convince the country not to use China’s Huawei to develop its 5G network. The deal includes loans, guarantees and insurance to fund...
Source: malaymail - 🏆 1. / 86 Read more »
US approves US$1.8 bil in potential arms sales to TaiwanWashington has been eager to see Taiwan bolster its defences due to China's aggression toward it. FMTNews US
Source: fmtoday - 🏆 5. / 72 Read more »
US dollar drifts as markets look for certainty on US stimulus | Malay MailTOKYO, Oct 22 — The US dollar treaded water against most major currencies today as US stimulus talks remained the focus for markets with trading buffeted over recent days by the extent of progress made on the potential size of the aid package. The dollar index was nearly flat against a basket of...
Source: malaymail - 🏆 1. / 86 Read more »
US State Dept approves US$1.8b in potential arms sales to Taiwan - PentagonPotential sales include sensors, missiles and artillery as Trump govt ramps up pressure on China. Taiwan is ready to attack china. Good luck
Source: malaysiakini - 🏆 20. / 51 Read more »
Ringgit retreats to open lower against US dollar | Malay MailKUALA LUMPUR, Oct 22 — The ringgit retreated from yesterday’s gains to open lower versus the US dollar today, despite the greenback weakening due to improved risk appetites. The US dollar index (DXY), which measures the greenback’s value against major...
Source: malaymail - 🏆 1. / 86 Read more »
Ringgit opens flat against US dollarKUALA LUMPUR: The ringgit opened flat versus the US dollar today on lack of new catalysts, as the greenback regained its traction due to the possibili...
Source: theSundaily - 🏆 25. / 51 Read more »