Ringgit slips further versus US dollar at close | Malay Mail

25/1/2022 3:39:00 PM

Ringgit slips further versus US dollar at close | Malay Mail

Ringgit Vs Us Dollar

Ringgit slips further versus US dollar at close | Malay Mail

KUALA LUMPUR, Jan 25 — The ringgit slipped further against the US dollar at close today as the greenback, a safe haven currency, strengthened amid rising geopolitical risks in Eastern Europe, while investors await the outcome from the US Federal Open Market Committee (FOMC) meeting, dealers said....

channel for the latest updates.KUALA LUMPUR, Jan 25 — The ringgit slipped further against the US dollar at close today as the greenback, a safe haven currency, strengthened amid rising geopolitical risks in Eastern Europe, while investors await the outcome from the US Federal Open Market Committee (FOMC) meeting, dealers said.

At 6pm, the local note eased to 4.1890/1905 versus the US dollar from 4.1870/1905 at the close yesterday.ActivTrades trader Dyogenes Rodrigues Diniz said investors have been undecisive ahead of the interest rate decision by the US central bank, which is due tomorrow.

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KUALA LUMPUR, Jan 25 — The ringgit slipped further against the US dollar at close today as the greenback, a safe haven currency, strengthened amid rising geopolitical risks in Eastern Europe, while investors await the outcome from the US Federal Open Market Committee (FOMC) meeting, dealers said. At 6pm, the local note eased to 4. At 9am, the local note stood at 4.1890/1905 versus the US dollar from 4. At 6pm, the local note eased to 4.1870/1905 at the close yesterday.1840/1870 at Friday’s close. ActivTrades trader Dyogenes Rodrigues Diniz said investors have been undecisive ahead of the interest rate decision by the US central bank, which is due tomorrow. Except that we have never really found an effective and scientifically proven solution against hangovers.

“There is a real possibility that the Federal Reserve will increase the interest rate from 0. “Perhaps it’s going to be a hawkish tone, given the improvement in the economy and signs of inflationary pressures which is quite persistent,” he told Bernama. Bank Islam Malaysia Bhd chief economist Mohd Afzanizam Abdul Rashid told Bernama that the regional equities sell-off indicates that the market is on a risk-off mode due to the possible interest rate hike in the US.25 per cent to 0.50 per cent to contain the effects of inflation.18-RM4. “If this indeed happens, the US dollar could rise substantially in the coming days against the ringgit.766 points (at the time of writing) from 95. This would also signal a major shift in the US central bank’s positioning from dovish to hawkish in its monetary policy,” he told Bernama. Overall, the local note was traded mostly lower against a basket of other major currencies except the British pound, rising to 5. One TikToker wrote, for example, that he still had trouble drinking water, but that thanks to this solution it has become easier.

He said, from a technical point of view, if the US dollar managed to break above 4.1950 versus ringgit, it could move up to 4.6764/6805 at Friday’s close. Meanwhile, the local note was traded mixed against a basket of other major currencies.2450 in a few days. Meanwhile, the local note was traded mostly higher against a basket of other major currencies except the Singapore dollar.7442/7482 from 4. The ringgit rose versus the euro to 4.7434/7468 at last Friday’s close and appreciated against the British pound to 5. None of the ingredients in this TikTok video are of any use in this kind of situation, other than to add flavor and thereby encourage people to drink more water.

7277/7294 from 4.1101/1132 from 3.7422/7462 at yesterday’s close and appreciated against the British pound to 5.6464/6484 from 5.6753/6787 from 3. However, it fell against the Singapore dollar to 3.6629/6677 yesterday. It also strengthened against the Japanese yen to 3. — Bernama You May Also Like.

6723/6739 from 3.6854/6888 from 3.6854/6888 yesterday, but fell against the Singapore dollar to 3.1168/1184 from 3.1146/1175. — Bernama You May Also Like .