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The Ringgit begins trade on a weak footing against the US Dollar, anticipating the release of key US inflation data.

The Star LogoThe Star1w ago

 The Ringgit begins trade on a weak footing against the US Dollar, anticipating the release of key US inflation data. - The Star

Quick Summary:

KUALA LUMPUR: The ringgit opened lower against the US dollar today as investors remain cautious ahead of the United States Consumer Price Index (CPI) data release tonight, according to an analyst.

"We believe all these have been priced in, which would support the US dollar in the immediate term,” he told Bernama.

Meanwhile, the ringgit was traded mixed versus other Asean currencies.

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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: 2024-02-13 @ 09:44:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 343 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 25 words per sentence (average)

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

Copyright Owner: © The Star

News ID: 20052639

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About The Star

The Star Logo

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 45 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 5 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 " The Ringgit begins trade on a weak footing against the US Dollar, anticipating the release of key US inflation data." has 343 words across 14 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story " The Ringgit begins trade on a weak footing against the US Dollar, anticipating the release of key US inflation data." was covered 1 weeks 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 45 news stories per day.

It's most recent story was published 5 hours ago.

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  • News ID: #20052639
  • URL: https://beamstart.com/news/ringgit-opens-lower-against-greenback-170779226632

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