Ringgit opens higher vs greenback as investors await NFP data

Quick Summary:

KUALA LUMPUR: The ringgit opened firmer against the greenback on Friday, gaining support ahead of the release of the United States (US) Nonfarm Payroll (NFP) data later today.

At 8 am, the local note stood at 4.2160/2240 against the US dollar compared to yesterday’s close of 4.2185/2250.

The ringgit, however, was almost flat against the Indonesian rupiah at 273.2/273.8 from 273.4/273.9 and was unchanged against the Philippine peso at 7.48/7.50.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndonesiaIsraelJapanSingaporeUnited States

Topics: Mohd Afzanizam Abdul Rashid Middle East conflict NFP Ringgit US dollar Stephen Innes /Business/Business News Forex

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 08:58:00 (2 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 367 words

Reading Time: 3 minutes read

Sentences: 17 lines

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Copyright Owner: © The Star

News ID: 22873406

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