Ringgit Opens Higher Against US Dollar

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Ringgit Opens Higher Against US Dollar
RinggitUS DollarDXY
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The Malaysian ringgit strengthened against the US dollar on Friday, propelled by a weakening US Dollar Index (DXY) following the release of US economic data. Analysts attributed the move to the final Purchasing Managers' Index (PMI) Services reading for the US, which came in at 56.8 in December 2024, lower than the projected 58.5 and November's reading of 58.5. The DXY also weakened due to reports suggesting a potential reduction in Trump-era tariffs, which were immediately denied by incoming US President Donald Trump.

: Ringgit dibuka tinggi berbanding dolar AS, didorong oleh Indeks Dolar AS yang lemah selepas data ekonomi Amerika Syarikat dikeluarkan, kata penganalisis.Ketua Ahli Ekonomi Bank Muamalat Malaysia Bhd Dr Mohd Afzanizam Abdul Rashid berkata pergerakan itu disebabkan data akhir Indeks Pengurus Pembelian Perkhidmatan AS, yang mencatatkan 56.8 pada Disember 2024—di bawah unjuran 58.5 dan bacaan pada November sebanyak 58.5.

“Ini jelas menunjukkan bahawa dalam masa terdekat, sentimen pasaran tertumpu kepada dasar pentadbiran Trump yang akan datang dan potensi impaknya terhadap inflasi, yang akhirnya akan mempengaruhi keputusan Rizab Persekutuan mengenai penurunan kadar faedah pada tahun ini,” katanya kepada Bernama.

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