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2024-07-02 03:05:54

Ringgit Expected to Strengthen in 2024, Analysts Say on Nostr: Ringgit Opens Lower Against US Dollar but Rises Against Other Major Currencies ...

Ringgit Opens Lower Against US Dollar but Rises Against Other Major Currencies
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#e283bda6 ver:0.56

The ringgit opened slightly stronger against the US dollar but rose against other major currencies. Upcoming US economic indicators and the FOMC meeting will influence business sentiments. The ringgit appreciated against the yen and pound, but declined against the euro. It also improved against the SGD, THB, and IDR, but remained flat against the PHP. The ringgit depreciated in June but is expected to appreciate in the latter part of 2024. The sustained strength of the USD pushed the ringgit's average weaker. MIDF revised their expectations for the ringgit's 2024 average downward. The ringgit has shown resilience and outperformed regional currencies. #ringgit #currency #economy...

#newstr #Ringgit #UsDollar #MajorCurrencies #Economist #Elections #France #UnitedKingdom #UsCurrency #BankMuamalatMalaysiaBhd #TightRange #JapaneseYen #BritishPound #Euro #AseanPeers

https://here.news/story/e283bda6?ver=0.56
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