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皇冠信用盘开户:Ringgit ends lower against US dollar

admin2022-08-2613

皇冠信用盘开户www.hg108.vip)是皇冠信用盘官方正网线上开放会员开户、代理开户,额度自动充值等业务的直营平台。

KUALA LUMPUR: The ringgit ended weaker versus the US dollar on Tuesday as the greenback continued to strengthen amidst growing risk-off sentiment, an analyst said.

At 6 pm, the local currency slipped to 4.4865/4900 against the greenback from Monday’s close of 4.4855/4870.

The analysts said investors are cautiously awaiting key economic data to be released this week.

"United States Federal Reserve chair Jerome Powell’s comments at the annual Jackson Hole economic symposium this Friday is also crucial in determining the central bank's next interest rate direction to tame inflation,'' the analyst said.

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Meanwhile, the ringgit was traded higher against a basket of major currencies today.

It rose against the Singapore dollar to 3.2141/2170 from 3.2147/2163 at Monday’s close and increased versus the British pound to 5.2833/2874 from 5.2947/2965 previously.

The local unit also appreciated against the euro at 4.4551/4586 from 4.4886/4901 and increased slightly vis-a-vis the Japanese yen at 3.2662/2690 from 3.2786/2800 previously. - Bernama


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