Ringgit rebounds slightly vs US$ in early trade

Quick Summary:

KUALA LUMPUR: The ringgit edged up against the US dollar in the early session on Wednesday, amidst cautious sentiments on the global economic front as recent losses prompted some investors to shift towards emerging currencies, said an analyst.

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Meanwhile, the local currency was almost flat against the Philippines’ peso at 7.47/7.50 from 7.47/7.49 on previously.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaIndonesiaJapanPhilippinesSingaporeUnited States

Topics: External factors /Business/Business News Forex Ringgit closing US dollar

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 08:55:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 339 words

Reading Time: 2 minutes read

Sentences: 12 lines

Sentence Length: 29 words per sentence (average)

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Copyright Owner: © The Star

News ID: 23209631

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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