Ringgit, market currencies to trade in volatile mode due to Covid-19 fears

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Global investors will be looking out for further signs of the economic carnage worldwide caused by the coronavirus.

The ringgit is expected to trade in a volatile mode in line with other emerging market currencies as the global economy continues to be under pressure as Covid-19 fears continue to grip global markets.

"Malaysia’s February consumer price index data is expected to come in at 1.5 per cent, which points to inflationary pressures remaining manageable. "However, should the dash for the greenback and risk aversion continue unabated, the ringgit could breach the 4.40 level versus the greenback again, revisiting levels not seen since the first quarter of 2017," he said.

It rebounded on Friday to US$31.17 at the time of writing due to production disruption in Iran caused by Covid-19, but is expected to be short-lived.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 20. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Ringgit, emerging market currencies to trade in volatile mode amid Covid-19 fears | Malay MailKUALA LUMPUR, March 21 — The local note is expected to trade in volatile mode in line with other emerging market (EM) currencies as the global economy continues to be under pressure as Covid-19 fears continue to grip global markets. FXTM Market Analyst Han Tan said global investors will be...
ソース: malaymail - 🏆 1. / 86 続きを読む »