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Anticipation of better 2Q GDP data drives ringgit up vs US$ at the close

The Star LogoThe Star4h ago

Anticipation of better 2Q GDP data drives ringgit up vs US$ at the close - The Star

Quick Summary:

KUALA LUMPUR: The anticipation of better gross domestic product (GDP) data for the second quarter of 2024 (2Q 2024) in Malaysia has resulted in the ringgit gaining some ground against the US dollar at the closing today.

The local note gained versus the Singapore dollar to 3.3590/3642 from 3.3600/3663 at Monday’s close.

Signature International disposes of lands in Negeri Sembilan for RM25.Minetech unit bags RM36.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-13 @ 19:15:00 (4 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 355 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22064079

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 40 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 4 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

Publisher Details

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The story "Anticipation of better 2Q GDP data drives ringgit up vs US$ at the close" has 355 words across 14 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Which news outlet covered this story?

The story "Anticipation of better 2Q GDP data drives ringgit up vs US$ at the close" was covered 4 hours ago by The Star, a news publisher based in Malaysia.

How trustworthy is 'The Star' news outlet?

The Star is a fully independent (privately-owned) news outlet established in 1971 that covers mostly economy and business news.

The outlet is headquartered in Malaysia and publishes an average of 40 news stories per day.

It's most recent story was published 4 hours ago.

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  • News ID: #22064079
  • URL: https://beamstart.com/news/anticipation-of-better-2q-gdp-17235480217305

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