Ringgit opens lower on firmer support for US dollar

  • 📰 staronline
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 12%
  • Publisher: 75%

At 9 am, the local currency was traded at 4.1970/2005 against the greenback.

Malaysia Headlines News

Malaysia Latest News, Malaysia Headlines

At 9 am, the local currency was traded at 4.1970/2005 against the greenback from 4.1930/1955 at Wednesday’s close.

ActivTrades trader Dyogenes Rodrigues Diniz said this has the potential to further accelerate economic recovery in the US and accelerate the pace of withdrawal of the current financial stimulus. "From a macroeconomic perspective, the US Non-Farm Payroll data, to be released on Friday, could confirm the high level of new jobs created and could give the US dollar even more strength against its counterparts.

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:

 /  🏆 4. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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 on technical correction | New Straits TimesKUALA LUMPUR: The ringgit opened lower against the US dollar on Wednesday as technical correction continues due to profit-taking activities amid firmer oil prices, dealers said.
Source: NST_Online - 🏆 17. / 53 Read more »

Covid-19 outbreak at US military camp spreads to eight other US bases | New Straits TimesJAPAN’s Okinawa prefecture officials said the Covid-19 outbreak at the United States military’s Camp Hansen last month has now spread to eight other US bases, affecting more than 800 military personnel and their close contacts.
Source: NST_Online - 🏆 17. / 53 Read more »