Ringgit demand drops as US business output rises

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

USD/MYR could remain in a tight range for now, says analyst.

KUALA LUMPUR: The ringgit opened marginally lower against the US dollar due to the lack of demand after the US business output climbed in October.

Bank Muamalat Malaysia Bhd chief economist Afzanizam Rashid said the greenback also strengthened today, influenced by the higher performance of the US Dollar Index after increasing by 0.7% to 106.27 points. “Concerns over whether the conflict may escalate will continue to affect market sentiments and how it may impact crude oil prices which could fan further inflation,” he told Bernama.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 5. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama