Page 62 - Forex News Today

KUALA LUMPUR: The ringgit opened easier against the US dollar today on mild profit-taking on the local currency in light of the sharp appreciation recently, said an analyst.

The dollar index, which gauges the greenbacks strength against a basket of six currencies, was trading higher by 0.14% at 104.54.

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 United States (US) retail sales data.

Malawi

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 per cent in October versus consensus estimates of 3.3 per cent. 

I wonder whether overseas investors may be thinking whats in it for investing in Japan, said Rintaro Tamaki.

KUALA LUMPUR: The ringgit closed lower against the US dollar today as traders awaited the release of the United States consumer price index (CPI) data later in the day.

KUALA LUMPUR: The flexible ringgit exchange rate plays an important role in reducing the impact of external shocks on domestic economic activity, said the Ministry of Finance (MoF).

The telco struggles to realise the full benefits of the R5.4 billion spectrum it acquired, as power shortages and the volatile foreign exchange rate are eroding the benefits.

BERLIN: Germany’s defense minister on Sunday announced Berlin would double its 2024 military aid for war-torn Ukraine, which is struggling to oust occupying Russian troops, to 8 billion euros ($8.5 billion). “This is a strong signal to Ukraine, showing we are not giving up on it” when international attention is focused on the Israel-Hamas war, Boris Pistorius told television channel...