Ringgit opens lower on cautious sentiment | Malay Mail

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

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Ringgit opens lower on cautious sentiment

The local note was traded mostly higher, except to the yen, which it declined to 3.9564/9622 from 3.9359/9398. — Reuters pic

At 9am, the ringgit stood at 4.1910/1960 against the greenback versus 4.1870/1900 recorded at Wednesday’s close. “StanChart for example has lowered its 2019 GDP growth forecast for Malaysia to 4.6 per cent from 4.9 per cent, due to impact from a poor external environment,” he said.

 

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 lower against US dollar | Malay MailKUALA LUMPUR, Aug 13 ― The ringgit opened lower against the US dollar today, dragged by anxieties over heightening US-China trade war and the ensuing global economic slowdown as a result of it. At 9am, the ringgit stood at 4.1900/1940 from Friday's close of 4.1830/1880. The market was closed...
Source: malaymail - 🏆 1. / 86 Read more »

Ringgit closes lower vs. US dollar on growth concern | Malay MailKUALA LUMPUR, Aug 13 — The ringgit closed lower against the US dollar as concern over global economic slowdown spurred appetite for the greenback, dealers said. At 6pm, the ringgit finished at 4.1960/1990 against the US dollar from Friday’s close of 4.1830/1860. A dealer said risk assets...
Source: malaymail - 🏆 1. / 86 Read more »

Ringgit opens higher on better 2Q19 forecast | Malay MailKUALA LUMPUR, Aug 14 ― The ringgit opened higher against the US dollar today on the expectation of a better second-quarter gross domestic product (GDP) to be announced by Bank Negara Malaysia (BNM) this Friday, a dealer said. At 9am, the ringgit stood at 4.1850/1900 against the greenback from...
Source: malaymail - 🏆 1. / 86 Read more »

Ringgit rebounds against US dollar | Malay MailKUALA LUMPUR, Aug 14 — The ringgit rebounded slightly to close higher against the US dollar today as risk appetite for riskier assets improved after the United States made trade concessions to China. At 6pm, the ringgit finished at 4.1870/1900 against the greenback from yesterday’s close of...
Source: malaymail - 🏆 1. / 86 Read more »

Bursa Malaysia ends mid-day lower | Malay MailKUALA LUMPUR, Aug 13 ― Bursa Malaysia ended the morning session in the red across the board, after dipping below the key support level of 1,600 points, and shedding 22.27 points to end at 1592.78. The benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) opened 0.20 of a point easier at 1,6134.85 and...
Source: malaymail - 🏆 1. / 86 Read more »

Bursa Malaysia ends lower on heavy selling pressure | Malay MailKUALA LUMPUR, Aug 13 — Bursa Malaysia ended 1.37 per cent lower as the local bourse took a delayed hit following the fall in the US Dow Jones Industrial Average last Friday and yesterday, which contributed to the heavy selling today. At the close, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI)...
Source: malaymail - 🏆 1. / 86 Read more »