Ringgit continues to strengthen against dollar
The ringgit rises to 4.3880/3915 versus the US dollar from yesterday’s closing of 4.3995/4025. – The Malaysian Insight file pic, April 14, 2023.
The US dollar index, which measures the greenback against six major peers, fell by 0.47% to 101.01 points as the PPI for March dropped to 2.7% from 4.6% in February. “Major currencies such as euro, sterling and yen also rose against the greenback, and the ringgit could also gain some ground versus the US dollar today.”
“CPI measures inflation in the US, and a lower-than-expected reading shows that the Fed’s inflation control measures are having the desired effect, which is to cool down the economy.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ringgit dibuka tinggi, fokus pada data IHP AS | The Malaysian InsightPada 9 pagi, mata wang tempatan menambah nilai kepada 4.4145/4180 berbanding dolar AS.
Read more »
Ringgit opens higher against dollar | The Malaysian InsightInvestors await clues on US inflation.
Read more »
Ringgit dibuka tinggi berbanding dolar AS | The Malaysian InsightPada 9 pagi, mata wang tempatan menambah nilai kepada 4.3995/4035 berbanding dolar AS.
Read more »
Ringgit opens higher v weaker dollar | The Malaysian InsightLocal note rises to 4.3995/4035 versus the greenback.
Read more »
Ringgit makes further gains against dollar | The Malaysian InsightExperts say latest US consumer price index is ringgit positive, as Fed appears to quell interest rate fears.
Read more »
Ringgit terus mengukuh berbanding dolar AS | The Malaysian InsightNilai dolar AS menyusut ekoran penurunan mengejut data indeks harga pengeluar Amerika Syarikat untuk bulan Mac.
Read more »