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Ringgit strengthens against US dollar on July 1 on positive sentiment

The Edge Markets LogoThe Edge Markets1 mo ago

Ringgit strengthens against US dollar on July 1 on positive sentiment

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It, however, depreciated against the Japanese yen to 3.2483/2504, from 3.2344/2357 on Thursday.

Meanwhile, the ringgit settled mostly higher against a basket of major currencies.

"The better ringgit performance was also supported by steady oil prices, which currently stood at US$110.9 per barrel, or up 1.71%," he said.


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Article Details

Category: InvestingFinance

Topics: (july Market Higher Local Ringgit Kuala Dollar Lumpur Analyst Thursday Performance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

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Article Type: News Report

Published On: 2022-07-01, 14:02:21

News Timezone: GMT +8:00

News Source URL: theedgemarkets.com

Language: English

Reading Time: 2 minutes read

Article Length: 188 words

Coverage Area: Malaysia

Availability: Desktop Web, Mobile Web

News ID: 25280

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