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Telegram游戏破解:Ringgit eases further as risk-off mode remains after Fed’s minutes

Telegram游戏破解:Ringgit eases further as risk-off mode remains after Fed’s minutes

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KUALA LUMPUR: The ringgit ended at its lowest since early January 2017 against the US dollar as risk-off sentiment gathered pace after the US Federal Reserve’s July meeting minutes suggested that the trend toward higher interest rates would continue.

The Fed said inflation remains high despite aggressive rate hikes, reaffirming its plans to continue raising interest rates to combat elevated inflation.

This is keeping the greenback more buoyed, boosting the US Dollar Index by 106.736 points.

The latest data also showed signs of slowing economic activities, with the safe haven currency projected to remain in demand. Investors will closely monitor next week’s Jackson Hole symposium for further clues.

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At 6 pm, the local currency dipped to 4.4720/4750 against the greenback from Wednesday’s close of 4.4660/4685. The ringgit was traded mixed against a basket of major currencies.

It fell against the Singapore dollar to 3.2371/2397 from 3.2315/2338 at Wednesday’s close, and declined against the euro at 4.5471/5502 from 4.5455/5480 previously.

The local unit increased vis-a-vis the Japanese yen at 3.3077/3102 from 3.3126/3147 yesterday, and rose against the British pound to 5.3959/3995 from 5.4048/4078. - Bernama


转载说明:本文转载自Sunbet。
  • 野性の小男人 @回复Ta

    2022-09-02 00:12:10 

    Hajiji, who is also Sabah finance minister, said he is very confident that state’s economy would grow in tandem with that of the nation, which, according to the Economic Report 2022 by the Ministry of Finance, is expected to strengthen by between 5.5% and 6.5%.体验真不错

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