New Straits Times on Nostr: Ringgit rebounds against US dollar in early trade, market stays vigilant ========== ...
Ringgit rebounds against US dollar in early trade, market stays vigilant
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The ringgit opened at 4.4925/5050 against the US dollar on January 14, 2025, slightly higher than the previous close of 4.5080/5120; Market sentiment remains cautious due to potential US tariff hikes and upcoming US Producer Price Index (PPI) and Consumer Price Index (CPI) releases; The US Dollar Index (DXY) was at 109.956 points, having reached 110.163 points the previous night, the highest since November 2022; Dr. Mohd Afzanizam Abdul Rashid, chief economist at Bank Muamalat Malaysia Bhd, provided insights on the market conditions.
#Ringgit #UsDollar #Economy #Tariff #Ppi #Cpi #BankMuamalat #MarketSentiment #Dxy #Malaysia
https://www.nst.com.my/business/economy/2025/01/1160526/ringgit-rebounds-against-us-dollar-early-trade-market-stays
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The ringgit opened at 4.4925/5050 against the US dollar on January 14, 2025, slightly higher than the previous close of 4.5080/5120; Market sentiment remains cautious due to potential US tariff hikes and upcoming US Producer Price Index (PPI) and Consumer Price Index (CPI) releases; The US Dollar Index (DXY) was at 109.956 points, having reached 110.163 points the previous night, the highest since November 2022; Dr. Mohd Afzanizam Abdul Rashid, chief economist at Bank Muamalat Malaysia Bhd, provided insights on the market conditions.
#Ringgit #UsDollar #Economy #Tariff #Ppi #Cpi #BankMuamalat #MarketSentiment #Dxy #Malaysia
https://www.nst.com.my/business/economy/2025/01/1160526/ringgit-rebounds-against-us-dollar-early-trade-market-stays