Ringgit stays bullish vs US dollar at close as US debt weighs on greenback
KUALA LUMPUR: The ringgit continued its bullish momentum to close higher against the US dollar on Thursday, as the US national debt, which surpassed US$40 trillion for the first time, weighed on the greenback.
Dollar falls to three-month low as Treasury moves to soothe bond jitters
LONDON: The U.S. dollar was pinned near a three-month low on Thursday after the Treasury Department moved to calm a bond market selloff that had pushed long-end yields to their highest since 2007, lifting risk sentiment and undercutting the currency.
Ringgit gains as US debt weighs on greenback, easing rate hike expectations
KUALA LUMPUR: The ringgit opened higher against the US dollar on Thursday as concerns over the rising US government debt weighed on the greenback, dimming expectations of a US interest rate hike, an economist said.
Ringgit firms against greenback at close on late buying ahead of FOMC minutes
KUALA LUMPUR: The ringgit extended its gains to close higher against the US dollar on Wednesday, supported by last-minute buying ahead of the release of the US Federal Open Market Committee (FOMC) meeting minutes later tonight.
Ringgit opens higher vs US$ as Fed rate hike expectations ease
KUALA LUMPUR: The ringgit opened higher against the US dollar, supported by expectations that the possibility of a US Federal Reserve (Fed) interest rate hike at its September meeting has receded, an economist said.
Ringgit closes higher vs major currencies
The ringgit extended its gains to close higher against major and regional currencies yesterday, as declining expectations of a US Federal Reserve interest rate hike in September weighed on the greenback.
Ringgit extends gains to close higher vs major, regional currencies
KUALA LUMPUR: The ringgit extended its gains to close higher against major and regional currencies on Tuesday, as declining expectations of a US Federal Reserve interest rate hike in September weighed on the greenback.
Asian currencies edge up as softer dollar cushions impact of rising oil
EMERGING Asian currencies inched higher against a softer dollar on Tuesday as odds of a U.S. rate hike next month receded, while the risk of an escalation in the Middle East war sent oil prices higher and weighed on sentiment.
Ringgit strengthens vs major currencies, little changed against greenback
KUALA LUMPUR: The ringgit opened higher against major currencies but was little changed against the US dollar on Tuesday, amid expectations that the possibility of a US interest rate hike in September has dropped, an economist said.
Ringgit closes higher against major currencies
KUALA LUMPUR: The ringgit closed higher against major and regional currencies yesterday, including the greenback, as softer US economic data dampened expectations of a US Federal Reserve (Fed) interest rate hike in September.
