RAWALPINDI, Pakistan (Reuters) - England were all out for 267 against Pakistan in their first innings on day one of the deciding third test on Thursday after electing to bat.
KUALA LUMPUR: The ringgit inched higher against the US dollar at Thursday’s close, supported by the stable inflation data.
At 6 pm, the local note was at 4.3455/3510 against the greenback compared with Wednesday’s close of 4.3490/3535. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the September 2024 consumer price index of 1.8 per cent indicates that inflation has remained relatively stable for now, suggesting that Bank Negara Malaysia is likely to maintain its current monetary policy in the near term.
"Meanwhile, the US dollar remains in high demand as concerns over the upcoming United States presidential election continue to influence market sentiment, causing traders to adopt a more risk-averse stance," he told Bernama.It increased vis-a-vis the British pound to 5.6331/6402 from 5.6433/6491 yesterday, but inched down against the Japanese yen to 2.8589/8627 from 2.8484/8516 at Wednesday's close and slipped against the euro to 4.6918/6978 from 4.6887/6935 previously.
However, the local currency eased against the Indonesian rupiah to 278.8/279.3 from 278.2/278.7 yesterday and fell against the Thai baht to 12.9031/9259 from 12.8959/9149 previously. -BernamaRinggit expected to rise 5% if Kamala Harris is elected US president - Allianz
Ringgit US Dollar US Presidential Election Inflation
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.
Anwar Ibrahim Awarded Nishan-e-Pakistan, Highest Civilian Honor by PakistanMalaysian Prime Minister Anwar Ibrahim has been awarded the Nishan-e-Pakistan, Pakistan's highest civilian award, by President Asif Ali Zardari during a ceremony at the Presidential Palace in Islamabad. The award recognizes Anwar's leadership in strengthening bilateral relations between Malaysia and Pakistan.
Read more »
Pakistan honours Anwar with top civilian award Nishan-e-Pakistan for strengthening bilateral tiesISLAMABAD, Oct 4 — Prime Minister Datuk Seri Anwar Ibrahim has been conferred the Nishan-e-Pakistan, the highest civilian award of Pakistan by the country’s president Asif Ali...
Read more »
Ringgit softer vs US$ on profit-taking after recent sharp gainsLONDON (Reuters) -Ten-man Tottenham Hotspur secured a convincing 3-0 victory over Azerbaijani side Qarabag on Thursday after the match was delayed by over half an hour due to travel disruptions.
Read more »
Ringgit gains in early trade amid us pre-election jittersKUALA LUMPUR: The ringgit traded slightly higher against the US dollar early Thursday, amid uncertainty over the upcoming US presidential election on ...
Read more »
Ringgit Still Below True Value Despite Recent Gains Against US DollarDespite recent improvements against the US dollar and becoming Southeast Asia's top-performing currency, Prime Minister Datuk Seri Anwar Ibrahim says the Malaysian ringgit is still below its true value. He emphasizes a gradual strengthening without intervention and allows market forces to determine the exchange rate.
Read more »
Ringgit gains in early trade amid US pre-election jittersAntara, a local news agency, reported that 36-year-old Giulia Manfrini had been surfing at around 9.30am when the freak accident occurred.
Read more »