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Ringgit opens marginally lower against US dollar

Ringgit opens marginally lower against US dollar

Kuala Lumpur – The ringgit opened marginally lower against the US dollar today on cautious demand for the local currency and ahead of Bank Negara Malaysia’s (BNM) Monetary Policy Committee meeting this Thursday, said a dealer. At 9.00am, the ringgit stood at 3.9380/9430 against the greenback from last Friday’s close 3.9360/9400. Oanda Corp Head of […]

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Ringgit opens higher against US dollar

Ringgit opens higher against US dollar

Kuala Lumpur – The ringgit rebounded to open higher against the US dollar today on improved demand, said a dealer. At 9.12am, the ringgit stood at 3.9410/9450 against the greenback from yesterday’s close 3.9540/9570. Oanda Corp head of trading for Asia Pacific, Stephen Innes, said the ringgit was not expected to undergo any surprises or […]

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Ringgit opens weaker against US dollar

Ringgit opens weaker against US dollar

Kuala Lumpur – The ringgit depreciated against the US dollar in early trade today on a lack of buying momentum, said a dealer. At 9am, the ringgit stood at 3.9625/9655 against the greenback from yesterday’s close 3.9520/9560. Oanda Corp Head of Trading for Asia Pacific, Stephen Innes, said the ringgit would pause for thought as […]

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Ringgit starts higher against US dollar

Ringgit starts higher against US dollar

Kuala Lumpur – The ringgit strengthened against the US dollar this morning on renewed buying interest. At 9.07am, the ringgit stood at 3.9450/9500 against the greenback from Tuesday’s close 3.9540/9590.  Oanda Corp Head of Trading for Asia Pacific, Stephen Innes, said with the market’s focus shifting to Bank Negara Malaysia’s policy normalisation, it should favour […]

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Ringgit lower against US dollar in early trade

Ringgit lower against US dollar in early trade

The ringgit took a breather against the US dollar this morning, after reaching an 18-month high yesterday. At 9.09am, the ringgit was lower at 3.9620/9650 against the greenback from yesteray’s close of 3.9540/9580.  Oanda Corp Head of Trading for Asia Pacific, Stephen Innes, said most emerging Asian currencies had marked gains versus the greenback, although […]

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Ringgit broadly higher against US dollar in early session

Ringgit broadly higher against US dollar in early session

Kuala Lumpur – The ringgit remained on an uptrend against the US dollar at the opening today and on sustained buying interest for the local unit, said a dealer. At 9.06am, the ringgit stood at 3.9580/9610 against the greenback from 3.9700/9730 at last Friday’s close. Oanda Corp Head of Trading for Asia Pacific, Stephen Innes, […]

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Expect ringgit to appreciate further – Johari

Expect ringgit to appreciate further – Johari

Kuala Lumpur – The ringgit can be expected to appreciate further against the greenback amid the country’s positive economic outlook, says Second Finance Minister, Datuk Seri Johari Abdul Ghani. He was responding to the prediction of economists that the local note should be moving towards its fair value of between 3.50 to 3.70 to the […]

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Ringgit rises against USD in early session

Ringgit rises against USD in early session

Kuala Lumpur – The ringgit was higher against the US dollar in early trading today on the back of an optimistic outlook of foreign fund inflows into the domestic debt market, supported by sound economic fundamentals. At 9.13 am, the local unit stood at 3.9980/0020 against the greenback from 4.0020/0070 at the close yesterday. In […]

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Ringgit opens lower against US dollar

Ringgit opens lower against US dollar

Kuala Lumpur – The ringgit opened lower against the US dollar today on better demand for the greenback and amid rising expectations of a March rate hike by the Federal Reserve. At 9.15am,  the local unit stood at 4.0120/1015 against the greenback from 4.0090/0120 at the close yesterday.  A dealer said the weaker ringgit was […]

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Ringgit opens easier against US dollar

Ringgit opens easier against US dollar

Kuala Lumpur – The ringgit opened easier against the US dollar today as the greenback strengthened amid rising expectations of a March rate hike by the Federal Reserve. At 9 am, the local unit stood at 4.0020/0050 against the greenback from 3.9950/9990 at close yesterday. A dealer said the greenback was starting to gain ground, […]

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