[ad_1] KUALA LUMPUR: The ringgit retreated from last week’s gains to close lower against the US dollar today, as risk-averse sentiment prevailed, leading to increased demand for the US dollar.…
Tag: forex
UK stocks close higher despite bumper US payrolls data
[ad_1] Stock prices in London ended higher on Friday, shrugging off a stronger-than-expected reading for the US labour market. Robust US data could be seen as a bearish signal, amid…
Ringgit ends slightly lower against US$
[ad_1] KUALA LUMPUR: The ringgit was marginally lower against the US dollar at today’s close, in line with other emerging market currencies, as investors remained on the sidelines, awaiting the…
Yen rebounds from 150 to dollar amid talk of Japan intervention
[ad_1] After the yen sank to ¥150 against the dollar late Tuesday night, it quickly strengthened to ¥147.30 against the dollar, with its swift recovery sparking chatter that a quiet…
Ringgit ends marginally lower against US$
[ad_1] KUALA LUMPUR: The ringgit remained marginally lower against the US dollar today, in line with other emerging currencies, driven by concerns over the bearish economic outlook, dealers said. At…
Ringgit eases vs US$ in early trade as investors hold dollars
[ad_1] KUALA LUMPUR: The ringgit continued to trade on the back foot today, opening lower against the US dollar following better-than-expected United States’ (US) ISM Manufacturing Index data. Analysts said…
Ringgit opens easier as US$ sustains uptrend
[ad_1] KUALA LUMPUR: The ringgit opened lower against the US dollar on the first trading day for the month as the latter extended its strong performance and remained firm, said…
Not exactly what the forex market needed
[ad_1] The forward exchange rate suddenly emerged as a buzz of the town last week. The Bangladesh Bank decided to put a ceiling on the taka dollar forward rate by setting the…
Ringgit ends higher on improving domestic demand
[ad_1] KUALA LUMPUR: The ringgit ended the week higher against the US dollar on improving domestic demand following the recent selloff, said an analyst. At 6 pm, the local note…
Rupee rises 14 paise to 83.05 against U.S. dollar
[ad_1] The rupee appreciated 14 paise to settle at 83.05 (provisional) against the U.S. dollar on September 29, boosted by a firm trend in equity markets and a sharp correction…