Ringgit likely to retreat this week, says Kenanga Investment | Malay Mail

📆 14/09/2020 06:18 م
📰 malaymail

⏱ Reading Time:
22 sec. here
2 min. at publisher
📊 Quality Score:
News: 12%
Publisher: 86%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

KUALA LUMPUR, Sept 14 — The ringgit will likely be heading for a second straight weekly fall this week amid a volatile oil market outlook, said Kenanga Investment Bank Bhd. In a note, the research firm said the lingering concerns over global oil demand could drag crude oil prices lower,...

Lingering concerns over global oil demand could potentially drag down the ringgit this week.. ― Picture by Sayuti Zainudin

In a note, the research firm said the lingering concerns over global oil demand could drag crude oil prices lower, potentially pushing ringgit to trade lower this week. Kenanga expects the local currency to depreciate by 0.18 per cent to 4.159 against the greenback from its closing price of 4.152 on last Friday.

“Conversely, a potential downside could tilt the pair towards 4.145 and 4.139 support level,” it added.

اكتب تعليق

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Chinese investment in Australia plunges as tensions mount | Malay MailSYDNEY, Sept 14 — Chinese investment in Australia almost halved in 2019, new data released today showed, as relations between the two countries deteriorated. Researchers from the Australian National University said Chinese investment Down Under plunged from A$4.8 billion (RM14.5 billion) to just...
مصدر: malaymail - 🏆 1. / 86 اقرأ أكثر »