At 9.17 am, the ringgit declined to 4.4090/4220 versus the US dollar.
At 9.17 am, the local note declined to 4.4090/4220 versus the greenback from Friday’s closing rate of 4.4000/4025.
"The release of China’s first quarter of 2023 gross domestic product data on Tuesday may boost sentiments, as, according to consensus estimates, its economic activities are likely to accelerate to 4.0 per cent in the first quarter. However, Mohd Afzanizam noted that Singapore's GDP growth declined -0.7 per cent quarter-on-quarter in 1Q 2023 from 0.1 per cent expansion previously.
"Nonetheless, regional central banks may not simply change their stand as the balance of risks to growth is fairly steady at the moment. That could help Asian economies and in turn, would be positive for the emerging market currencies, including the ringgit,” he said.It appreciated against the Japanese yen to 3.2970/2995 from 3.3208/3229 at the close last Friday, advanced to 4.8445/8478 from 4.8660/8687 vis-a-vis the euro, and improved against the British pound to 5.4725/4762 from 5.
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 opens easier vs US dollarAt 9.17 am, the local note declined to 4.4090/4220 versus the greenback from Friday’s closing rate of 4.4000/4025. theSun theSundaly ringgit USA USdollar news Finance
Read more »
Lower airfares and make flights more accessible, says Dr WeeKUALA LUMPUR: The high price of a return flight ticket from Kuala Lumpur to Tawau is shocking and disappointing, says former transport minister Datuk Seri Dr Wee Ka Siong.
Read more »
Tiket penerbangan untuk pulang beraya terlalu mahal , kata Ka Siong | The Malaysian InsightBekas menteri pengangkutan berkata tiket sehala dari Kuala Lumpur ke Tawau berharga RM3,138.
Read more »
Haze: KL, Kelantan, Johor record unhealthy air qualityKUALA LUMPUR: The Air Pollutant Index (API) readings in areas in Kelantan, Kuala Lumpur, and Johor recorded unhealthy air quality as of 4pm today (April 16).
Read more »