Ringgit opens lower against US dollar | Malay Mail

19/1/2022 10:24:00 AM

Ringgit opens lower against US dollar | Malay Mail

Ringgit Opens Lower, Ringgit Vs Us Dollar

Ringgit opens lower against US dollar | Malay Mail

KUALA LUMPUR, Jan 19 ― The ringgit weakened against the US dollar at the opening today over markets expectations that the Federal Reserve (Fed) may raise interest rate, which would lend some support to the dollar, said an analyst. At 9.01am, the local currency was trading at 4.1925/1960 against...

channel for the latest updates.KUALA LUMPUR, Jan 19 ― The ringgit weakened against the US dollar at the opening today over markets expectations that the Federal Reserve (Fed) may raise interest rate, which would lend some support to the dollar, said an analyst.

At 9.01am, the local currency was trading at 4.1925/1960 against the US dollar compared with 4.1815/1835 at Monday’s close.Bank Islam Bhd chief economist Mohd Afzanizam Abdul Rashid said the sharp rise of the 10-year US Treasury note yield to 1.88 per cent has reinvigorated the view that the Fed is expected to raise its benchmark interest rate in March.

Read more:
Malay Mail »

US court awards Warmbier family US$240,000 seized from North Korea | Malay MailSEOUL, Jan 18 — A United States court has awarded the family of Otto Warmbier, the American student who died after being jailed by Pyongyang, US$240,000 (RM1.004 miliion) seized from a North Korean bank, court records showed. The 22-year-old Warmbier, who was detained in North Korea for allegedly...

Ringgit falls as slower China growth boosts US dollar | Malay MailKUALA LUMPUR, Jan 17 — The Malaysian ringgit ended the day lower as renewed fears about Covid-19 could dampen the momentum of the global recovery after slower Chinese economic growth data boosted demand for the US dollar. At 6pm, the local currency was trading at 4.1815/1835 against the greenback...

Tokyo shares open lower after US losses | Malay MailTOKYO, Jan 19 ― Tokyo shares opened lower today, tracking losses on Wall Street where worries over higher interest rates mounted. The benchmark Nikkei 225 index fell 1.68 per cent or 474.38 points to 27,782.87 in early trade, while the broader Topix index lost 1.63 per cent or 32.21 points to...

Microsoft to buy Activision Blizzard in US$68.7b deal | Malay MailSAN FRANCISCO, Jan 18 — Microsoft Corp said today it would buy Call of Duty videogame maker Activision Blizzard for US$68.7 billion (RM287 billion) in cash, the largest deal in the sector making the Xbox maker the third-largest gaming company by revenue. Microsoft’s offer of US$95 per share is...

Higher US yields support dollar; yen slips after BoJ meeting | Malay MailLONDON, Jan 18 — A jump in US Treasury yields pushed the dollar index to a six-day high today, while Japan’s yen fell after the Bank of Japan said it would stick to its ultra-loose monetary policy. The US Federal Reserve meets next week. It is expected to raise rates in March, for the first...

Travel woes as winter storm blankets eastern US and Canada | Malay MailMONTREAL, Jan 18 — A major winter storm blanketed a swathe of North America in snow Monday as it sliced up the US east coast into Canada, disrupting travel and cutting power to thousands of homes. Many Americans who had been without electricity — about 120,000 of them Monday afternoon —...

Telegram channel for the latest updates.Telegram channel for the latest updates.Telegram channel for the latest updates.Telegram channel for the latest updates.

KUALA LUMPUR, Jan 19 ― The ringgit weakened against the US dollar at the opening today over markets expectations that the Federal Reserve (Fed) may raise interest rate, which would lend some support to the dollar, said an analyst. At 9.004 miliion) seized from a North Korean bank, court records showed.01am, the local currency was trading at 4.1815/1835 against the greenback compared with 4.1925/1960 against the US dollar compared with 4. His parents, Cynthia and Frederick Warmbier, sued North Korea for the alleged torture and murder of their son, with a US judge ordering Pyongyang to pay them US$501 million in 2018.1815/1835 at Monday’s close.87 in early trade, while the broader Topix index lost 1.

Bank Islam Bhd chief economist Mohd Afzanizam Abdul Rashid said the sharp rise of the 10-year US Treasury note yield to 1. Last week, Judge Lawrence Kahn of the Northern District Court of New York approved the seizure of the funds from North Korea’s Korea Kwangson Banking Corporation after they failed to respond to a forfeiture order.0 per cent from 4.88 per cent has reinvigorated the view that the Fed is expected to raise its benchmark interest rate in March. “This will certainly provides a boost to the US dollar and admittedly a weaker ringgit,” he told Bernama.41, plus any accrued interest thereon,” said the order, seen by AFP. He said Bank Negara Malaysia’s (BNM) Monetary Policy Committee's first meeting of the year perhaps would shed some light on BNM’s assessment of the economy and what it could mean in respect to overnight policy rate (OPR).7 per cent year-on-year in December from 3. “For now, expect the local note linger on a weaker bias,” he added. He was pulled away from his group at Pyongyang airport and charged with crimes against the state for allegedly taking down a propaganda poster. In New York, the Dow Jones Industrial Average finished down 1.

The ringgit opened slightly lower versus the Singapore dollar to 3.1038/1080 from Monday’s close of 3. Warmbier had gone blind and deaf, his once straight teeth were misaligned and his eyes bulged out, the ruling said.85 per cent.1020/1039 and depreciated against the Japanese yen to 3.6541/6579 from 3. North Korea at the time blamed his condition on medicine they said he took for botulism.6523/6544. Domestically, market players are closely watching Bank Negara Malaysia’s Monetary Policy Committee’s (MPC) first meeting of the year for further clues on interest rate and the economy. The dollar fetched ¥114.

However, it strengthened against the British pound to 5.7005/7053 from 5.7207/7234 and increased vis-a-vis the euro to 4. The ringgit rose versus the Singapore dollar to 3.7493/7532 from 4.7774/7796 previously.38 per cent to ¥12,895 after Microsoft announced a landmark ¥$69 billion deal to buy US gaming giant Activision Blizzard, betting big on the prospects of the video game market.

― Bernama You May Also Like .6523/6544 from 3.