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皇冠现金网开户(www.hg108.vip)_Ringgit opens flat on subdued interest

时间:3周前   阅读:6   评论:4

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KUALA LUMPUR: The ringgit opened flat against the US dollar today on a lack of fresh buying interest, said a dealer.

At 9.10 am, the local currency traded at 4.4000/4045 against the greenback from Friday's close of 4.4000/4040.

Bank Islam chief economist Dr Mohd Afzanizam Abdul Rashid said the market will be looking for clues at the upcoming Federal Open Market Committee (FOMC) meeting in July.

According to a news report, Federal Reserve (Fed) chair Jerome Powell expects a 50 to 75-basis-point rate hike will be most likely next month.

"The way we see it, in the absence possible pause in the Fed rate, emerging market currencies will remain soft.

"This week, Fed Chair is also expected to present to the US Senate on June 22 the state of the monetary policy," he told Bernama.

Mohd Afzanizam said the local currency is expected to remain weak around RM4.40 on concerns over an agressive monetary tightening by the Fed, that will be the driving force for a stronger US dollar.

Meanwhile, the ringgit was traded higher against a basket of major currencies.

The local note rose against the British pound to 5.3794/3849 from Friday's close of 5.4208/4257 and improved versus the Singapore dollar to 3.1680/1717 from 3.1753/1786 previously.

It appreciated against the Japanese yen to 3.2554/2590 from 3.2655/2688 and went up vis-a-vis the euro to 4.6191/6238 from 4.6314/6357 previously. - Bernama


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网友评论

  • 2022-08-14 00:39:23

    带着个曼城头像框,上赶着给曼城泼脏水。这赛季他还不够核心啊??合着跑的多=工兵??瓜迪奥拉是强行不让他走吗,你有本事让巴萨至少拿着1亿来啊每天的精神食粮啊。

  • 2022-10-30 00:14:05

    THAILAND’S Constitutional Court today suspended Prime Minister Prayut Chan-O-Cha from office while it considers a legal challenge that could see him thrown out months before an expected general election.看得扎心

  • 2022-11-12 00:16:53

    The only energy commodity with as positive story in July was coal, with imports rising to 23.52 million tonnes in July, up 23.9% from June as utilities bought to ensure sufficient supplies for the summer peak demand period.万年不评论,这个太好了