The market was closed yesterday for. The ringgit is expected to trade in a tight range against the US dollar next week as investors continue to monitor various global economic data to chart the market direction said an analystSPI Asset Management managing partner Stephen Innes said the US House of Representatives Speaker Nancy Pelosis recent visit to Taiwan had jittered the market amid.
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KUALA LUMPUR July 18.
. The ringgit is likely to continue its decline against the US dollar next week due to higher inflation said an analyst. At 930am the local currency decreased versus the greenback to 443354345 from Fridays close of 442504270. Aug 10 2022 2045 UTC.
At 6pm the local currency rose to 4. Deputy Finance Minister Datuk Mohd Shahar Abdullah said the ringgit had declined by 62 per cent versus the US dollar since early 2022 which is in. The ringgit bounced back to open marginally higher against the US dollar on Monday July 18 as more investors weighed on a possible interest rate hike by the Federal Open Market Committee next week a dealer saidAt 908am the local currency had improved to 444404490 versus the greenback from last Fridays close at 444804505SPI.
KUALA LUMPUR July 12 The ringgit retreated from last weeks gain to open marginally lower against the US dollar today on lack of buying interest. KUALA LUMPUR Aug 5 The ringgit ended higher against the US dollar today as the overnight greenback retreated slightly amid waning positive impacts of Federal Reserve hawkish comments and as investors waited for more signs on the data front dealers said. View TWD Rates Table.
Exchange Rate Taiwan New Dollar to US Dollar Converter. SPI Asset Management managing partner Stephen Innes said the ringgit may also struggle to hold onto gains due to various negative risk events namely the concern about the increase in Covid-19 cases in China. 100 TWD 003342 7 USD.
The local currency inched up against the Singapore dollar at 318821904 from 318841908 on Monday and appreciated versus the British pound to 531903220 from 533263362 previously. Looking at the current sentiment Innes said the ringgit is likely to be defensive trading in cautious mode within the 44450 to 44560.
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