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KUALA LUMPUR: The ringgit depreciated to a fresh all-time low against the US dollar at the opening today, due to the higher-than-expected reading of the United States (US) Consumer Price Index (CPI) data, which signals that a significant increase in the US interest rate might be on its way, a dealer said.
KUALA LUMPUR: The ringgit opened lower against the US dollar this morning amidst the higher-than-expected United States (US) Producer Price Index (PPI) data for September, which came in at 8.5 per cent versus 8.4 per cent forecast, said a dealer.
THE STAR – The ringgit opened marginally higher versus the greenback for the second consecutive day amid tepid market sentiment, a dealer said. At 9 am, the local currency improved to 4.6350/6395 against the greenback from yesterday’s closing of 4.6380/6425. ActivTrades trader Dyogenes Rodrigues Diniz said that investors continued to flee from risky assets such […]
KUALA LUMPUR: The ringgit continued to decline against the US dollar at the opening today as the dollar was supported by recent statements from the United States (US) Federal Reserve (Fed) chair Jerome Powell on taming the US’ inflation.
KUALA LUMPUR: The ringgit slipped to a fresh all-time low against the US dollar at the opening on Wednesday, breaching the 4.5600 level due to the lower oil prices, coupled with the strengthening of the greenback, a dealer said.