Through its upskilling and educational programmes, the women's group at PPR Hicom Shah Alam is boosting its community's financial and social standing.
KUALA LUMPUR: The ringgit continues to surge at Friday’s opening against the US dollar, driven by good prospects of Malaysia’s economic growth and positive corporate earnings, said an analyst.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the good prospects for Malaysia's economic growth and positive sentiment on companies' earnings could attract foreign funds, translating into demand for the local unit. "In light of higher DXY, the ringgit could see some correction after experiencing quite a steep appreciation this week,” he said.
The local currency rose against the Japanese yen to 2.9681/9818 from 2.9811/9855 at Thursday's close, appreciated against the euro to 4.7650/7866 versus 4.7789/7855 and soared against the British pound to 5.6616/6873 from 5.6835/6915 yesterday.
Ringgit US Dollar Mohd Afzanizam Abdul Rashid
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ringgit extends rally against US dollar, taking cue from Bursa Malaysia gainsPETALING JAYA: A 17-year-old boy has gone missing after he was last seen at his house in Kampung Lindungan.
Read more »
Ringgit likely to continue uptrend next week, eyes on Malaysia’s GDP dataKUALA LUMPUR, Aug 10 — The ringgit is expected to continue its uptrend against the US dollar next week on the back of positive sentiment ahead of the release of macroeconomic...
Read more »
Stanchart maintains Malaysia's GDP growth at 4.8%, ringgit to hit 4.66Like its last release, Foster The People's new 11-track 'Paradise State Of Mind' album has glistening pop beside complex tuners.
Read more »
Ringgit strengthens as foreign investors pour RM1.2b into Malaysia’s marketsKUALA LUMPUR, Aug 28 — The ringgit extended its rally against the US dollar for the third consecutive day on the back of a spillover effect from foreign investors’ interest in...
Read more »
Ringgit opens higher in 10-day rally against US dollarCosplaying involves learning certain skills which participants need to hone, including costume-sewing, props making, LED programming, and more.
Read more »
Ringgit continues climb against US dollar for 10th day straight, up 30 points at market openingRinggit continues climb against US dollar for 10th day straight, up 30 points as markets opened KUALA LUMPUR, Aug 2 — The ringgit opens higher against the US dollar today,...
Read more »