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Ringgit depreciates versus US$ on mixed sentiments, weak crude oil

Ringgit depreciates versus US$ on mixed sentiments, weak crude oil

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KUALA LUMPUR: The ringgit opened easier against the US dollar on Friday due to mixed sentiments and falling crude oil prices, said an analyst.

At 9 am, the local currency fell to 4.4450/4495 versus the greenback from Thursday’s close of 4.4445/4460.

The analyst said with the worries on inflation and global growth, as well as tighter financial conditions for the greenback, the local note is not expected to strengthen in the near term.

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He said the increase in US interest rate would put pressure on the ringgit.

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

It rose against the Singapore dollar to 3.2441/2478 from 3.2456/2469 and gained versus the British pound to 5.4162/4217 from 5.4307/4326 previously.

The local currency improved vis-a-vis the Japanese yen to 3.3351/3387 from 3.3516/3529 on Thursday and appreciated against the euro at 4.5846/5892 from 4.5934/5949 at yesterday’s closing. - Bernama


转载说明:本文转载自Sunbet。
  • 环球视讯(www.ugbet.us) @回复Ta

    2022-09-11 00:08:33 

      财联社5月5日电,人民银行4月对金融机构开展常备借贷便利操作共3.06亿元,其中隔夜期0.51亿元,7天期2.55亿元。隔夜、7天、1个月常备借贷便利利率分别为2.95%、3.10%、3.45%。期末常备借贷便利余额为2.5亿元。叫上伙伴一起来看。

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