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KUALA LUMPUR, March 31 ― The ringgit has extended its upward momentum against the greenback, as the US dollar retreated amidst concerns over the United States' (US) gross domestic product (GDP) data which revealed a lower-than-expected reading, said an analyst. At 9am, the local currency...
KUALA LUMPUR, March 29 ― The ringgit opened lower against the US dollar today as the greenback strengthened further following the Bank of Japan's (BoJ) decision to buy 10-year Japanese Government Bonds (JGBs) from March 29 to 31. At 9.00am, the local currency was trading at 4.2200/2245 against...
KUALA LUMPUR, March 25 ― The ringgit opened little changed against the US dollar today amid positive United States (US) economic data, an analyst said. At 9.00am, the local currency was marginally higher at 4.2200/2250 against the greenback from 4.2240/2250 at yesterday’s close. Bank Islam...
KUALA LUMPUR, March 23 ― The ringgit rebounded to open higher versus the US dollar today, as the greenback retreated amid improvement in the equity market, an analyst said. At 9.00am, the local currency was trading at 4.2110/2155 against the greenback from 4.2160/2190 at yesterday’s close. Bank...
KUALA LUMPUR, March 23 — The ringgit closed weaker against the US dollar today as the hawkish stance by the United States (US) Federal Reserve (Fed) boosted the greenback, taking a toll on emerging market currencies. At 6pm, the local currency fell to 4.2220/2255 versus the greenback from...