Ringgit opens easier against greenback ahead of US PCE

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KUALA LUMPUR: The ringgit opened higher against the US dollar today as cautious global economic sentiment prompted some investors to shift towards emerging currencies, including the ringgit, a dealer said.

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It declined versus the Thai baht to 12.8669/8811 from 12.8383/8541 on Monday.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndonesiaJapanSingapore

Topics: US dollar DXY Federal Reserve /Business/Business News Forex Ringgit

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-25 @ 10:21:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 249 words

Reading Time: 2 minutes read

Sentences: 9 lines

Sentence Length: 28 words per sentence (average)

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Copyright Owner: © The Star

News ID: 21377435

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 35 posts per day

Year Established: 1971

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News Last Updated: 4 hours ago

Coverage Areas: Malaysia

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Publisher ID: #22

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