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January 27, 2022
KUALA LUMPUR, Jan 27 โ The ringgit dipped against the US dollar today on buying support for the greenback following the United States Federal Reserve's (Fed) decision to hold its key interest rate near zero, although it noted that the quantitative easing will end on schedule in March, an analyst...
January 19, 2022
KUALA LUMPUR, Jan 19 โ The ringgit weakened against the US dollar at the opening today over markets expectations that the Federal Reserve (Fed) may raise interest rate, which would lend some support to the dollar, said an analyst. At 9.01am, the local currency was trading at 4.1925/1960 against...
January 6, 2022
KUALA LUMPUR, Jan 6 โ The ringgit opened lower against the US dollar on firmer buying support for the greenback, backed by better US employment data. At 9am, the local currency was traded at 4.1970/2005 against the greenback from 4.1930/1955 at yesterdayโs close. According to the US ADP...
January 5, 2022
KUALA LUMPUR, Jan 5 โ The ringgit opened lower against the US dollar today as technical correction continues due to profit-taking activities amid firmer oil prices, dealers said. At 9am, the local currency was traded at 4.1920/1932 against the greenback from 4.1860/1880 at yesterdayโs close....
December 17, 2021
KUALA LUMPUR, Dec 17 โ The ringgit opened lower against the US dollar today despite the much lower-than-expected reading on the United States (US) Philadelphia Federal Reserve Manufacturing Index, which weakened the greenback against its counterparts, a dealer said. At 9am, the local note fell to...
December 14, 2021
KUALA LUMPUR, Dec 14 โ The ringgit slipped against the US dollar at the opening today, with the greenback gaining further traction as the final Federal Open Market Committee (FOMC) meeting for the year looms near, an analyst said. At 9am, the local note fell to 4.2290/2330 against the greenback...
November 26, 2021
KUALA LUMPUR, Nov 26 โ The ringgit slipped further to open lower against the US dollar today as the greenback continues to rally amid the release of Initial Jobless Claims data, which helped the US currency gain versus its counterparts. At 9am, the local note eased to 4.2325/2365 against the...
November 5, 2021
KUALA LUMPUR, Nov 5 โ The ringgit opened lower today as the US dollar extended gains. The US macroeconomic data released a few days ago have been positive for the greenback. At 9am, the local note decreased versus the US dollar to 4.1580/1600 from 4.1530/1550 at Wesdnesday's close. ActivTrade...
November 3, 2021
KUALA LUMPUR, Nov 3 โ The ringgit opened lower against the US dollar today ahead of the Bank Negara Malaysiaโs (BNM) Monetary Policy Committee's overnight policy rate (OPR) announcement and Federal Open Market Committee (FOMC) meeting. At 9.15am, the local note slipped to 4.1500/1535 versus the...
September 30, 2021
KUALA LUMPUR, Sept 30 โ The ringgit opened lower against the US dollar today on lack of buying interest, said a dealer. At 9am, the local note stood at 4.1870/1890 against the greenback from yesterday's closing of 4.1830/1855. The dealer said lack of market moving catalysts, coupled with the...