Tag - DXY
25Nov

Ringgit opens higher against greenback as DXY retreats

KUALA LUMPUR: The ringgit opened marginally higher against the US dollar on Monday due to a decline in the US Dollar Index (DXY) following its recent two-year high, according to an analyst. At 8 am, the local currency stood at 4.4650/4765 against the US dollar, compared with Friday’s close at 4.4660/4710. Bank Muamalat Malaysia Bhd chief economist...

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11Nov

Ringgit weakens versus US dollar as global uncertainties intensify

KUALA LUMPUR: The ringgit was traded easier against the US dollar at today’s opening with demand for the greenback improving on the back of global political and economic uncertainties, an economist said. At 8 am, the ringgit weakened to 4.3850/3995 against the US dollar from last Friday’s close of 4.3800/3850. Bank Muamalat Malaysia Bhd chief economist Dr...

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