KUALA LUMPUR: The ringgit ended flat against the US dollar today as it tracked the yuan’s downtrend following disappointment over China’s underwhelming round of stimulus measures, said an analyst.
“The cut was smaller than the 15 basis points reduction expected by the market. Investors were also disappointed by the five-year LPR, which was surprisingly maintained at 4.2%,” he said. “Therefore, it’s going to be a risk-off mode at the moment, which would translate into a weaker ringgit,” he said.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม: