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Tag: forex
Ringgit opens weaker as US bond yields rise
[ad_1] KUALA LUMPUR: The ringgit continued to weaken against the US dollar as the 10-year United States Treasury yield rose to 4.91 per cent — the highest since 2007, suggesting…
Ringgit closes lower versus US dollar on MidEast tension
[ad_1] KUALA LUMPUR: The ringgit extended its downtrend to end lower against the US dollar on Monday as the greenback continued to strengthen amid geopolitical worries in the Middle East,…
Forex reserves fall $14.15 bn in last one month on valuation impact, RBI intervention
[ad_1] Country’s foreign exchange reserves have declined by $14.154 billion in almost one month due to valuation loss and the Reserve Bank of India’s (RBI) intervention in the currency spot…
Ringgit up against most major currencies except US$ in early trade
[ad_1] KUALA LUMPUR: The ringgit traded higher against most major currencies except against the US dollar in the early session today as the greenback strengthened amid the higher-than-expected US inflation…
China bans new offshore brokerage accounts to prevent ‘bypassing’ of forex controls
[ad_1] A man stands near a screen showing news footage of Chinese President Xi Jinping at the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China…
Ringgit opens lower against US$ amid cautious sentiment
[ad_1] KUALA LUMPUR: The ringgit snapped two consecutive days of gains to open lower against the US dollar on cautious sentiment despite the weaker performance of the greenback. The US…
Ringgit continues uptrend vs US$
[ad_1] KUALA LUMPUR: The ringgit continued its upward momentum to open higher against the US dollar today as the United States (US) Treasury yield slid following dovish comments from the…
Ringgit opens higher against US$ on dovish Fed comments
[ad_1] KUALA LUMPUR: The ringgit opened higher against the US dollar today as the greenback weakened following dovish comments from top US Federal Reserve (Fed) officials about the interest rate…
UK stocks higher in wake of dovish Fed comments and Wall Street gains
[ad_1] Stock prices in London were higher on Tuesday morning amid news that grocery price inflation in the UK had cooled, and following dovish comments from two senior Federal Reserve…