Ringgit Opens Higher On Weaker US Dollar
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as the greenback tracked the US Dollar Index, which remained below the 100-point mark.
KUALA LUMPUR, Nov 27 (Bernama) -- The ringgit opened higher against the US dollar on Thursday as the greenback tracked the US Dollar Index, which remained below the 100-point mark.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit snapped its three-day winning streak to close lower against the US dollar as well as other major and regional currencies on Wednesday, amid profit-taking by traders.
KUALA LUMPUR, Nov 26 (Bernama) -- The ringgit continued to strengthen against the US dollar as expectations of a US interest rate cut in December build, putting pressure on the greenback, an analyst said.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit continued to perform favourably against the US dollar at the close on Tuesday, as the greenback weakened on dovish remarks by US Federal Reserve (Fed) officials.
KUALA LUMPUR, Nov 25 (Bernama) -- The ringgit opened slightly firmer against the US dollar, aligning with forecasts to reach RM4.10 by year-end, as dovish remarks by US Federal Reserve officials weakened the greenback.
By Fatin Umairah Abdul Hamid
KUALA LUMPUR, Nov 24 (Bernama) -- The ringgit rose against the US dollar on Monday, supported by improved sentiment as diminished expectations for a December United States interest rate cut alleviated pressure on emerging-market currencies.
KUALA LUMPUR, Nov 24 (Bernama) -- The ringgit opened slightly firmer against the US dollar on Monday, though sentiment stayed guarded as conflicting remarks from US Federal Reserve (Fed) officials left investors uncertain about the greenback’s near-term direction.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 22 (Bernama) -- The ringgit is expected to trade between 4.13 and 4.16 against the US dollar next week, with a slight upward bias after mainly weakening this week as markets lowered expectations of a United States interest rate cut at the December meeting.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit ended higher against the US dollar today, tracking gains by several regional currencies despite the stronger-than-expected United States nonfarm payrolls report for September.
KUALA LUMPUR, Nov 21 (Bernama) -- The ringgit opened firmer against the US dollar on Friday despite stronger US labour market data that continued to support the greenback.
By Durratul Ain Ahmad Fuad
KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit ended lower against the US dollar today as expectations for a US interest rate cut have been significantly reduced, signalling the markets remain unconvinced of another rate cut in the December meeting.
KUALA LUMPUR, Nov 20 (Bernama) -- The ringgit opened marginally higher against the US dollar on Thursday, extending its recent gains as improved regional sentiment supported emerging Asian currencies.