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US dollar downtrend seen
Decade-long reign of the greenback has likely peaked, structural weakness observed
Ringgit likely to strengthen against US dollar next week
KUALA LUMPUR, Sept 12 (Bernama): The ringgit is likely to strengthen against the US dollar next week on improved appetite for the domestic currency after Bank Negara Malaysia (BNM) maintained the overnight policy rate at 1.75 per cent on Thursday.
Ringgit ends higher vs US dollar on first trading day of 2021
KUALA LUMPUR: The ringgit ended higher against the US dollar on the first trading day of the year in line with Asia's emerging currencies, as buying interest continued from last week on optimism over global growth recovery in 2021 amid vaccine rollout.
Ringgit expected to strengthen to 4.0 against US dollar next week
KUALA LUMPUR, Jan 2 (Bernama): The ringgit is expected to trade higher against the US dollar next week, on positive COVID-19 vaccine sentiment and better performance in crude oil prices, said an analyst.
Ringgit at 3.9970 vs US dollar first time since June 2018
THE ringgit rose to 3.9970 vs US dollar, the first time since June 2018 in late morning trade on Monday as the greenback slipped.
Ringgit opens higher against US dollar
KUALA LUMPUR: The ringgit opened higher against the US dollar today on rising optimism among traders after US President Donald Trump inked the long-awaited "phase one” trade deal with China.
Ringgit to stay firm against the US dollar
PETALING JAYA: The ringgit is expected to stay firm against the US dollar at the 4.07-4.10 levels by year-end.
Ringgit opens marginally lower against US dollar
KUALA LUMPUR: The ringgit opened marginally lower as market participants stayed on the sidelines amid positive developments surrounding the signing of US-China ‘Phase One’ trade deal and the U.S Senate’s approval of a new trade deal between the country and its North American neighbours, Mexico and Canada.
A weak dollar 'good' for the US?
NEW YORK: A dollar rout intensified on Wednesday after U.S. Treasury Secretary Steven Mnuchin said a lower greenback was "good for us" - though a weaker U.S. currency may not prove a long-term economic boost. It was a highly unusual remark for a Treasury secretary.
Concerns over HK dollar peg
THE recent fall of the Hong Kong (HK) dollar has left many wondering about the vulnerability of its peg to the US dollar and the potential impact on regional currencies.
