A disembodied woman’s head mugged and grimaced, aping the facial expressions of a user on a nearby laptop as visitors to the China Humanoid Robot Developer Conference watched in fascinated unease.
KUALA LUMPUR: The ringgit opened lower against the US dollar on Monday after the higher United States Nonfarm Payroll data released last Friday is expected to bolster the greenback.
Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid noted that the May NFP report showed 272,000 new jobs in May, surpassing consensus projection of 182,000. "On that note, ringgit should stay weak as the market await the Federal Open Market Committee decision on June 12, particularly their latest macroeconomic variable,” he told Bernama.
Hence, the latest assessment by the US Federal Reserve on the state of labour market is quite critical as this will justify its decision to maintain or remove the tight monetary policy that are currently being implemented.In the meantime, the ringgit traded higher against a basket of major currencies.
Ringgit Opening Mohd Afzanizam NFP US Dollar
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