KUALA LUMPUR, Aug 5 ― The ringgit rebounded against the US dollar on mild demand for the local currency riding on the stabilising crude oil price, a dealer said. At 9am, the ringgit stood at 4.2110/2160 against the greenback from 4.2180/2230 recorded at 6pm yesterday. AxiCorp chief global market...
At 9am, the ringgit stood at 4.2110/2160 against the greenback from 4.2180/2230 recorded at 6pm yesterday. — Reuters pic
At 9am, the ringgit stood at 4.2110/2160 against the greenback from 4.2180/2230 recorded at 6pm yesterday. “As we noted yesterday, the ringgit rally is being stoked by the global market unquenching chase for yield.
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 eases versus greenback despite recovery in crude oil, economies | Malay MailKUALA LUMPUR, Aug 4 — The ringgit eased against the US dollar at the opening, mostly lower versus a basket of currencies on lack of market participation, despite the recovery in crude oil price and improving economies. At 9am, the ringgit stood at 4.2210/2260 against the US dollar...
Read more »
Ringgit ends higher on weaker US dollar | Malay MailKUALA LUMPUR, Aug 3 —The ringgit extended last week’s upward momentum to close higher against the US dollar today, lifted by the weaker greenback sentiment, dealers said. The local currency finished at 4.2200/2250 against the US dollar compared with 4.2500/2550 at 6 pm on Thursday last week. A...
Read more »
Ringgit remains higher against US dollar | Malay MailKUALA LUMPUR, Aug 4 — The ringgit closed higher against the US dollar for the second consecutive day today, as the weaker greenback improved demand for emerging currencies, dealers said. The local currency settled at 4.2180/2230 versus the US dollar compared with 4.2200/2250 at 6pm yesterday. A...
Read more »
Ambank Research: Ringgit to ride on firmer Asian region’s currencies | Malay MailKUALA LUMPUR, Aug 3 — The ringgit will be driven by firmer Asian currencies which are benefiting from the interest rate, as well as growth differentials between the region and industrial economies, said Ambank Research. Support for the local note will also strengthen if the United States’...
Read more »
Biden assails Trump’s ‘bald-faced lies’ about voting by mail | Malay MailWASHINGTON, Aug 4 — Democratic presidential candidate Joe Biden said yesterday that President Donald Trump was telling “bald-faced lies” about voting by mail to distract from his own failures, after Trump last week suggested it could be cause to delay the election. Biden’s remarks were his...
Read more »
Trump vows to sue Nevada to block universal mail-in ballots | Malay MailWASHINGTON, Aug 4 — President Donald Trump vowed yesterday he would sue Nevada after the state’s Democratic lawmakers passed a bill to send mail-in ballots to every voter ahead of November’s presidential election in light of the coronavirus pandemic. Trump, who has repeatedly claimed without...
Read more »