Ringgit opens higher against greenback

The ringgit opened higher against the US dollar on Wednesday ahead of an expected interest rate cut later today in the United States.

:

At 8 am, the ringgit advanced to 4.4550/4700 against the US dollar from Tuesday’s close of 4.4645/4690. “The US Dollar Index continued to stay elevated at 106.956 points as US data points demonstrated the resillience of the American economy after its retail sales accelerated in November.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

theSundaily /  🏆 25. in MY

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.

I'll pay PKR the RM100,000 'ringgit by ringgit' says ZuraidaBEIJING: A powerful blast rocked a residential high-rise building in an affluent area in southern China's city of Shenzhen on Wednesday (Dec 11), sending shockwaves through nearby skyscrapers, state media reported.
Read more »

Ringgit Strengthens Against US Dollar on Sustained Inflation ConcernsThe Malaysian ringgit remained stronger against the US dollar on Thursday, supported by a softer US Dollar Index (DXY) and continued US inflation concerns. The ringgit's exchange rate improved to 4.4325/4450 at 8 am, compared to Wednesday's 4.4440/4465, marking a 0.95 per cent gain from Nov 14, 2024. Bank Muamalat Malaysia's chief economist indicated that the 'Trump Trade' impact is waning, potentially leading to further ringgit strength.
Read more »

Ringgit opens higher amid cautious sentimentsKUALA LUMPUR: The ringgit opened higher against the US dollar on Wednesday amid cautious sentiments due to the current global economic development, sa...
Read more »

Ringgit opens higher amid cautious sentimentKUALA LUMPUR: A man was injured in an accident involving seven vehicles at KM14.4 of the New Klang Valley Expressway (NKVE) heading north, near the Subang to Damansara route, on Tuesday (Nov 19).
Read more »

Ringgit opens lower against greenback on cautious sentimentKUALA LUMPUR: The ringgit opened lower against the US dollar today, as investors remain cautious about the outlook for the Federal Reserve (Fed) rate ...
Read more »

Ringgit opens lower against greenback on cautious sentimentBANGKOK: The Royal Thai Air Force (RTAF) has proposed changing its name to the Royal Thai Air Force and Space and establishing a new unit to protect Thailand’s air and space interests, RTAF spokesman Air Marshal Prapas Sornjaidee (pic) said on Tuesday (Nov 19).
Read more »