[ad_1] KUALA LUMPUR: The ringgit opened lower to extend its downtrend against the greenback on Thursday after the American dollar continued to strengthen on the back of encouraging US economic…
Tag: greenback
Ringgit ends easier as greenback boosted by US retail data
[ad_1] KUALA LUMPUR: The ringgit closed easier against the US dollar today as the greenback rebounded from an over two-month low earlier this week on the back of a stronger-than-expected…
Ringgit opens higher vs greenback as US inflation slows
[ad_1] KUALA LUMPUR: The ringgit opened higher today as demand for the US dollar declined after the US Consumer Price Index (CPI) data came in lower than expected at 3.2…
Ringgit ends lower, hitting 4.70 against greenback on high US bond yields
[ad_1] KUALA LUMPUR: The ringgit continued its downtrend to push past 4.70 against the greenback today amid concerns over the higher-for-longer US interest rate outlook, said an analyst. At 6…
Ringgit ends lower as demand for greenback strengthens
[ad_1] KUALA LUMPUR: The ringgit continued to close lower against the US dollar on bullish demand for the greenback amidst expectations that the United States (US) Federal Reserve (Fed) would…
De-dollarization won’t happen anytime soon as ‘it’s not so easy’ to beat the greenback, Indian minister says
[ad_1] China and Russia have tried to fuel the dedollarization movement over the past year. But the buck is likely to remain the dominant currency in international trade, according to…
Ringgit opens on a positive note vs greenback
[ad_1] KUALA LUMPUR: The ringgit kick-started the week on a positive note, opening higher against the US dollar today as the US Dollar Index (DXY) declined on Friday last week.…
Ringgit opens higher vs the greenback
[ad_1] KUALA LUMPUR: The ringgit opened higher against the US dollar in early trade today as the market is focusing on the upcoming United States (US) Non-Farm Payrolls (NFP) figure,…
BNM intervention helps revive ringgit despite stronger greenback
[ad_1] KUALA LUMPUR: The ringgit traded firmer against the US dollar on Friday as Bank Negara Malaysia’s (BNM) intervention helped the ringgit to stabilise even as the US dollar gains…